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    Commercial Office Units with ICAP Approval Title is generated by Realmo AI

    38-20 Parsons Boulevard, Flushing, NY 11354

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    Claim this Listing
    New
    For Sale
    $1,799,700

    SINGLE_FAMILY - Flushing, NY

    Type:Office
    Property size:
    33,000 SF
    Price / SF:
    $54/SF
    Added:
    Jun 23, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 25 at 11:06 pm

    Property Features for 38-20 Parsons Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Office
    Property condition
    Under Construction
    Standard status
    Active
    APN
    05022-1619

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    19836

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2025
    Building materials
    Brick

    We can help!

    Contact an agent
    Hsin Yuan Yang

    Listing agent Hsin Yuan Yang License #10311205376

    Listing office E Realty International Corp 3907 Prince St Ste 4D, Flushing, NY

    Listing date Jun 23, 2026

    MLS# 1017219

    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

    • Brick construction with electric heating and central air
    • New construction: year built 2025; property condition under construction
    • Public water and public sewer service
    • Commercial units approved for ICAP 20‑year tax abatement
    • About 33,000 sq ft total available space
    • Commercial unit ceiling height ranges from 13 to 19 feet; rooftop commercial use to be determined by management later

    Overview

    This offering consists of commercial office units at 38-20 Parsons Boulevard in Flushing, NY, with ceiling heights ranging from 13 to 19 feet. The seller notes that commercial units have been approved for ICAP 20-year tax abatement, subject to the applicable program requirements. The current layout provides the ability for buyers to combine two units by removing a wall, but any such change would require applying for a permit. Rooftop space is designated for commercial use, with the specific allocation to be determined by management at a later date.

    The property is positioned in downtown Flushing, Queens, offering convenient access for office users seeking to operate in a central commercial area. The listing indicates total available space of approximately 33,000 square feet.

    For buyers evaluating office use or owner-operator strategies, the combination of taller ceilings and the stated ICAP approval may be particularly relevant. The configuration also supports potential flexibility if a tenant or user needs a larger contiguous footprint, keeping in mind that unit combination would involve permitting for any wall removal. Interested parties should review the ICAP requirements and any management determinations related to the rooftop commercial use during underwriting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.826825
    Latitude
    40.796439

    FAQs

    What type of property is this?
    Office units - Downtown Flushing office units feature 13-19 foot ceilings and ICAP 20-year tax abatement approval.
    Where is this office units located?
    The property is located at 38-20 Parsons Boulevard Flushing, NY.
    What is the asking price?
    The asking price for this property is $1,799,700.
    What are key features of this property?
    This property features: Brick construction with electric heating and central air; New construction: year built 2025; property condition under construction; Public water and public sewer service
    More about this property
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