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Flushing Mixed-Use Building For Sale
For Lease
$4,800/Mo

135-20 41ST Ave 5th FL, Queens, NY 11354

Six-story mixed-use building in prime Flushing location, built in 2017.

Space SizeContact for details
Property Size1,525 SF
Days on Market139

Property Features for 135-20 41ST Ave 5th FL

General Information

Standard status Active
Size 1,525 SF
Property subtype Commercial
Lease Term 12 months

Taxes and HOA fees

Annual Taxes $167,563

Building Details

Building Size 1,525 SF
Listing Agency: E REALTY INTERNATIONAL CORP.
Listed By: Yi Cheng · License #10311205376
Source: Elliman
Added: Apr 15 Changed: Aug 23 Last Checked: Aug 30 at 9:19PM

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 six-story mixed-use building is located in the heart of Flushing, just one block from the Long Island Rail Road and subway access, and minutes from the public library. Constructed in 2017, the well-maintained building includes a full basement and offers approximately 13,123 square feet of interior space. Each unit features separate utilities. The property is located in a highly desirable location with strong daily foot traffic. Minimal renovation is required, making it suitable for investors seeking stable income potential. The location has a bike score of 64, a walk score of 96, and a transit score of 100. There is potential for future conversion to residential use, subject to approvals, offering both immediate cash flow and long-term development upside.

Key Highlights

  • Prime Flushing location, just one block from LIRR and subway access.
  • Newer construction: a 6‑story building with full basement, built in 2017.
  • Mixed‑use/Community Facility building with approximately 13,123 SF of interior space.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Nursing Home Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store Adult Day Care Butcher

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

NNN (Triple Net)
Lease Type
$0.66 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,972
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

Lease Benchmarks for Queens, NY

$31.23 /SF/Yr
Avg Asking Price
$4.39–$55 /SF/Yr
Price Range
10,401 SF
Avg Space Size

This space is priced 86% below the average of $31.23 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six-story mixed-use building in prime Flushing location, built in 2017.
Where is this mixed-use property located?
The property is located at 135-20 41ST Ave 5th FL Queens, NY.
What is the lease rate?
The lease rate is $4,800/Mo.
What are key features of this property?
This property features: Prime Flushing location, just one block from LIRR and subway access.; Newer construction: a 6‑story building with full basement, built in 2017.; Mixed‑use/Community Facility building with approximately 13,123 SF of interior space.
More about this property
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