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Mixed-Use Commercial Units with ICAP Abatement
For Sale
$2,720,000

134-11 Franklin Avenue Cf2, Flushing, NY 11355

Approved for a 15-year ICAP tax abatement with adaptable formats for retail, medical, office, and clinic operations.

Property SizeContact for details
Days on Market42

Property Features for 134-11 Franklin Avenue Cf2

General Information

Standard status Active
Listing Agency: E Realty International Corp
Listed By: Lin Guo · License #10401304356
Source: Wesellhomes
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 29 at 12:22PM

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 E Realty International Corp

Investment Insights

Based on property information with market context.

This mixed-use commercial property at 134-11 Franklin Avenue Cf2 combines space intended for retail, medical services, office functions, and clinic operations. The layouts are described as adaptable, supporting multiple business formats within the commercial units.

The property is positioned in downtown Flushing, with surrounding foot traffic and established supporting facilities. Commercial units have approval for a 15-year ICAP tax abatement, providing a defined tax-abatement term for the property.

Key Highlights

  • 15‑year ICAP tax abatement approval for the commercial units
  • Mixed‑use format accommodating retail, medical, office, and clinic functions
  • Adaptable layouts designed for multiple business formats

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic Pet Grooming Service Restaurant Garden Center

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

8,966
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Approved for a 15-year ICAP tax abatement with adaptable formats for retail, medical, office, and clinic operations.
Where is this mixed-use property located?
The property is located at 134-11 Franklin Avenue Cf2 Flushing, NY.
What is the asking price?
The asking price for this property is $2,720,000.
What are key features of this property?
This property features: 15‑year ICAP tax abatement approval for the commercial units; Mixed‑use format accommodating retail, medical, office, and clinic functions; Adaptable layouts designed for multiple business formats
More about this property
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