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    3924 108Th St Flushing, NY 11368

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    For Sale
    $3,990,000

    Mixed-use property with commercial and residential units, great location.

    Lot size:
    0.05 Acres

    Property Features for 3924 108Th St

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1930

    Source: Parkview Realty LLC Agent Angela Lu Mullen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Excellent Location

    This mixed-use property features six commercial stores and two residential apartments. The commercial tenants currently include a restaurant, grocery store, juice bar, barbershop, office, and a bicycle shop located on the second floor. The residential units consist of a 1-bedroom apartment and a 3-bedroom apartment. All tenants are currently on expired leases, which allows a new owner to establish updated lease agreements at market rates. The property is located in Queens, NY.
    Insight Report Location Intelligence

    Current Use by Public Records

    Armas Import Travel Agency La Nueva Ambatenita ... Bakery

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.859189
    Latitude
    40.750862

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial and residential units, great location.
    Where is this mixed-use property located?
    The property is located at 3924 108Th St Flushing, NY.
    What is the asking price?
    The asking price for this property is $3,990,000.
    What are key features of this property?
    This property features: - Excellent location for this mixed-use building.; - Mixed-use building featuring both commercial and residential spaces.; - Six commercial stores with a diverse tenant mix.
    (347) 529-8899
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    3924 108Th St Flushing, NY 11368
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3924 108Th St Flushing, NY 11368
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