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Renovated Mixed-Use Building
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132-38 41st Avenue, New York, NY 11355

Six apartments and two medical offices occupy an elevator-served property near transit and supermarkets.

Property Size3,600 SF
Price / SF$1,386
Days on Market165

Property Features for 132-38 41st Avenue

General Information

Standard status Active
Size 3,600 SF
Elevators Yes
Property subtype Mixed Use
Zoning R6

Units

Unit Mix 6 x 1BR
Multifamily Units 6
Office Units 2

Additional Details

Public Transit Yes

Building Details

Year Built 2002
Buildings 1
Units 8
Tenancy Multi
Listing Agency: RE/MAX 1st Choice
Listed By: Si Zhang
Source: Crexi
Added: Mar 20 Changed: Aug 29 Last Checked: Aug 29 at 4:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 1st Choice

Investment Insights

Based on property information with market context.

This mixed-use property combines six residential apartments with two medical office suites designated for community facility use. Each apartment is configured as a one-bedroom layout with a living room, while approximately 3,600 SF of commercial space extends across the lower level and first floor. An elevator provides service from the lower level through the second floor, supporting access throughout the building. Constructed in 2002, the property has undergone a full renovation.

The building is positioned near Main Street, subway service, and supermarkets in Flushing. Residential occupants are responsible for their own electricity and gas, supporting a straightforward operating arrangement. The combination of apartment units, medical office space, and vertical accessibility creates a clearly defined mixed-use configuration.

Key Highlights

  • Six residential units, each with one bedroom and a living room
  • Two medical offices designated for community facility use
  • Approximately 3,600 SF of commercial space on the lower level and first floor

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Nursing Home Veterinary Clinic Garden Center Tanning Salon (Bike/Boat/Book/etc) Store Catering Service

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

2
Office units
6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

9,893
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

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?
Mixed-use property - Six apartments and two medical offices occupy an elevator-served property near transit and supermarkets.
Where is this mixed-use property located?
The property is located at 132-38 41st Avenue New York, NY.
What is the asking price?
The asking price for this property is $4,990,000.
What are key features of this property?
This property features: Six residential units, each with one bedroom and a living room; Two medical offices designated for community facility use; Approximately 3,600 SF of commercial space on the lower level and first floor
More about this property
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