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Commercial Land with Approved Plans
For Sale
$9,980,000

143-35 Sanford Avenue, Flushing, NY 11355

Commercial Sale, Flushing, NY

Property SizeContact for details
Lot Size0.16 Acres
Days on Market978

Property Features for 143-35 Sanford Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning R7-1
Directions Google Maps
Standard status Active
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 117289
Listing Agency: B Square Realty
Listed By: Li Li
Added: Feb 23, 2024 Changed: Oct 5 Last Checked: Oct 28 at 11:06AM
MLS# L3533441

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.

Rey
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Investment Insights

Based on property information with market context.

The property comprises a 50 ft x 140 ft lot improved with a three-story walk-up building and full basement. The existing structure contains 23 free-market residential units. Zoning is R7-1, and approved development plans provide for a 9-story, 80 ft tall mixed-use building with 38 residential units, 1 community facility unit, and 11 parking spots.

Located on the north side of Sanford Avenue in Flushing, the property offers access to the 7 subway train and LIRR stations via Roosevelt Avenue and Flushing Main Street, including the Flushing Main Street and Murray Hill LIRR stations. The property is also positioned near Flushing’s shopping and dining offerings.

Key Highlights

  • Approved plans for a 9‑story, 80 ft tall mixed‑use building
  • Plans include 38 residential units, 1 community facility unit, and 11 parking spots
  • Existing three‑story walk‑up with a full basement and 23 free‑market residential units

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility Building Supply Garden Center Big Box & Wholesale Store

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

23
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8,547
Businesses Nearby

Demographics for 11355, NY

89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - R7-1-zoned site with an existing residential building and approved plans for a mixed-use project.
Where is this commercial land located?
The property is located at 143-35 Sanford Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $9,980,000.
What are key features of this property?
This property features: Approved plans for a 9‑story, 80 ft tall mixed‑use building; Plans include 38 residential units, 1 community facility unit, and 11 parking spots; Existing three‑story walk‑up with a full basement and 23 free‑market residential units
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