Flushing Mixed-Use Investment
13340 37th Avenue, Flushing, NY 11354
- Added:
- Jun 9, 2025
- Days on Market:
- 339
- Last Refresh:
- May 13 at 5:06 am
Property Features for 13340 37th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Off Street
- Basement
- Finished, Walk-Out Access
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 04972-0034
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 42755
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas
- Cooling system
- Multi Units, Varies by Unit, Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2004
- Floors in Building
- 4
- Number of units
- 5
- Building materials
- Brick
Listing agent King Hong Chin (917) 667-5211
Listing office Keller Williams Rlty Landmark 3255 Francis Lewis Blvd, Flushing, NY (718) 475-2700
Listing date Jun 9, 2025
MLS# 875158
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.
HighLights
- Prime mixed‑use building in Downtown Flushing offering a strong, stable income stream.
- Fully leased (except basement) with a popular dessert restaurant, long‑term office tenant, and two residential units.
- Projected cap rate of approximately 6% offering a stable, hands‑off return.
- Located in a rapidly developing section of Downtown Flushing, offering future appreciation potential.
- Low‑maintenance and easy to manage property.
- Vacant basement presents an immediate opportunity for additional rental income.
Overview
Located in downtown Flushing, this mixed-use building presents an investment opportunity. The property is fully leased, with the exception of the basement, and offers income potential. The basement is currently vacant and available for lease. The first floor is occupied by a dessert restaurant. The second floor is leased to an office tenant. The third and fourth floors each contain a 3-bedroom, 2-bath residential unit. The property is positioned in a rapidly developing section of Downtown Flushing. The lot size is 0.0348 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.833454
- Latitude
- 40.760471
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use building in downtown Flushing with income potential.
Where is this mixed-use property located?
The property is located at 13340 37th Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $4,280,000.
What are key features of this property?
This property features: Prime mixed‑use building in Downtown Flushing offering a strong, stable income stream.; Fully leased (except basement) with a popular dessert restaurant, long‑term office tenant, and two residential units.; Projected cap rate of approximately 6% offering a stable, hands‑off return.
