Three-Unit Residential Income
For Sale
$1,988,000
Pending
140-50 34th Ave, Queens, NY 11354
Legal three-family building with private garden access and terraces, plus separate electric meters for each unit.
Property SizeContact for details
Days on Market52
Property Features for 140-50 34th Ave
General Information
Standard status
Pending
Property subtype
Investment
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$15,867
Building Details
Year Built
1975
Units
3
Listing Agency:
edna mashaal realty
(516) 840-8888
Listed By:
Edna Mashaal
(516) 840-8888
Source:
Elliman
Added: Jul 1
Changed: Aug 16
Last Checked: Aug 20 at 11:19AM
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 edna mashaal realty
Investment Insights
Based on property information with market context.
This legal three-family residential property offers distinct living spaces across the first, second, and third floors. The vacant first-floor unit includes two bedrooms and 1.5 baths, with direct access to a private garden. The second and third floors each provide three bedrooms and 1.5 baths, along with front-facing terraces that bring outdoor space and additional natural light. A full basement adds extra functional storage or utility space.
The building is located in Flushing, Queens, in a convenient area near shopping, restaurants, schools, parks, and public transportation. The property is described as bikeable and very walkable, with transit rated as a rider’s paradise, supporting easy day-to-day access for tenants.
Designed for either investors or owner-occupants, the layout supports separate, independently controlled utility usage. There are three separate electric meters, and each unit has its own thermostat, which can help simplify expense management and tenant comfort. With the first-floor unit available, the property may fit buyers looking for an immediate move-in option while also benefiting from rental-ready units on the upper floors.
The building is located in Flushing, Queens, in a convenient area near shopping, restaurants, schools, parks, and public transportation. The property is described as bikeable and very walkable, with transit rated as a rider’s paradise, supporting easy day-to-day access for tenants.
Designed for either investors or owner-occupants, the layout supports separate, independently controlled utility usage. There are three separate electric meters, and each unit has its own thermostat, which can help simplify expense management and tenant comfort. With the first-floor unit available, the property may fit buyers looking for an immediate move-in option while also benefiting from rental-ready units on the upper floors.
Key Highlights
- Legal three‑family building built in 1975
- Vacant first‑floor unit: 2 bedrooms, 1.5 baths, with direct access to a private garden
- Second- and third‑floor units: 3 bedrooms, 1.5 baths each, with front‑facing terraces
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,316
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Legal three-family building with private garden access and terraces, plus separate electric meters for each unit.
Where is this triplex located?
The property is located at 140-50 34th Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: Legal three‑family building built in 1975; Vacant first‑floor unit: 2 bedrooms, 1.5 baths, with direct access to a private garden; Second- and third‑floor units: 3 bedrooms, 1.5 baths each, with front‑facing terraces
