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Three-Unit Brick Triplex
For Sale
$1,988,000
Pending

140-50 34th Avenue, Flushing, NY 11354

Residential Income, Flushing, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market61

Property Features for 140-50 34th Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 8, Bathroom 6, Bedroom 1, Bathroom 2
Parking 2
Parking features Driveway
Interior features Eat-in Kitchen, Master Downstairs
Basement Full
Elementary school Ps 21 Edward Hart
Middle school Jhs 185 Edward Bleeker
High school Flushing High School
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Directions Between Union Street & Parsons Boulevard
Standard status Pending
APN 04994-0033
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 15867

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Multi Units
Water source Public

Building Details

Year built 1975
Number of units 3
Building materials Brick
Listing Agency: Edna Mashaal Realty LLC
Listed By: Edna Mashaal
Added: Jun 22 Changed: Aug 20 Last Checked: Aug 21 at 2:06PM
MLS# 1017015

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal three-family brick property at 140-50 34th Avenue includes a full basement and three separately metered residences. The vacant first-floor apartment has two bedrooms, one and a half baths, and direct access to a private garden. Two additional apartments occupy the upper floors, each with three bedrooms, one and a half baths, and a front-facing terrace. Each unit has its own thermostat, while electric heating and multi-unit cooling serve the building.

The property is in Flushing, Queens, near shopping, restaurants, schools, parks, and public transportation. Additional features include an eat-in kitchen, a downstairs primary bedroom, a driveway, public water, and public sewer. Built in 1975, the property offers a defined three-unit layout with outdoor space at each of the upper residences and garden access at the first-floor apartment.

Key Highlights

  • Legal three‑family property with three separate electric meters
  • Vacant first‑floor unit with 2 bedrooms, 1.5 baths, and private garden access
  • Second- and third‑floor apartments each include 3 bedrooms, 1.5 baths, and a front‑facing terrace

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Hotel & Motel Nursing Home Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

7,334
Businesses Nearby

Demographics for 11354, NY

61,276
Population
22,979
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
27,853
Density / Sq Mi
$62,833
Median Household Income
$40,404
Median Earnings
$1,766
Median Rent
$521,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal multifamily property with a vacant garden-access apartment and separate electric metering for each residence.
Where is this triplex located?
The property is located at 140-50 34th Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: Legal three‑family property with three separate electric meters; Vacant first‑floor unit with 2 bedrooms, 1.5 baths, and private garden access; Second- and third‑floor apartments each include 3 bedrooms, 1.5 baths, and a front‑facing terrace
More about this property
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