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Community Facility Office Units
For Sale
$911,400

38-20 Parsons Boulevard, Flushing, NY 11354

Commercial Sale, Flushing, NY

Property Size33,000 SF
Price / SF$27.62
Days on Market61

Property Features for 38-20 Parsons Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Property condition Under Construction
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Active
APN 05022-1616

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 842

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2025
Building materials Brick
Listing Agency: E Realty International Corp
Listed By: Hsin Yuan Yang · License #10311205376
Added: Jun 23 Changed: Aug 21 Last Checked: Aug 22 at 3:06PM
MLS# 1017216

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.

These office units are part of a newly developed mixed-use building currently under construction. The commercial component includes approximately 33,000 SF and ceiling heights ranging from approximately 13 to 19 feet. Adjacent units may be combined with the required approvals and permits, offering adaptable configurations for community facility uses such as medical, dental, educational, daycare, and professional services.

The building includes residential units that are substantially sold out and occupied. The commercial units are approved for the ICAP 25-Year Tax Abatement. Construction materials include brick, with electric heating, central air, public water, and public sewer. Rooftop commercial use remains subject to future management determination.

Key Highlights

  • Approximately 33,000 SF of commercial space
  • Ceiling heights range from approximately 13 to 19 feet
  • Approved for the ICAP 25‑Year Tax Abatement

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Building Supply Parking Lot & Garage Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

150
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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office units in a mixed-use development with flexible ceiling heights and approval for community facility uses.
Where is this office units located?
The property is located at 38-20 Parsons Boulevard Flushing, NY.
What is the asking price?
The asking price for this property is $911,400.
What are key features of this property?
This property features: Approximately 33,000 SF of commercial space; Ceiling heights range from approximately 13 to 19 feet; Approved for the ICAP 25‑Year Tax Abatement
More about this property
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