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Office Units in Mixed-Use Building
For Sale
$1,637,900

38-20 Parsons Boulevard, Flushing, NY 11354

SINGLE_FAMILY - Flushing, NY

Property Size33,000 SF
Price / SF$49.63
Days on Market43

Property Features for 38-20 Parsons Boulevard

General Information

Property type Residential
Property subtype Office
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Active
APN 05022-1609

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 964

Utilities

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

Building Details

Building materials Brick
Listing Agency: E Realty International Corp
Listed By: Hsin Yuan Yang · License #10311205376
Added: Jun 23 Changed: Jul 20 Last Checked: Aug 4 at 3:06PM
MLS# 1017207

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.

Investment Insights

Based on property information with market context.

Office units are available in a newly developed mixed-use building in Downtown Flushing at 38-20 Parsons Boulevard. The commercial space is approved for the ICAP 25-Year Tax Abatement, and the building’s residential units are substantially sold out and occupied. Ceiling heights range from approximately 13 to 19 feet, supporting a range of community facility uses such as medical, dental, educational, daycare, and professional services, subject to applicable approvals and permits. Buyers may be able to combine adjacent units with the appropriate approvals and permits.

Approximately 33,000 SF of commercial space is available, and rooftop commercial use is subject to future management determination. The building is constructed with brick and serviced with public water and public sewer, with electric heating and central air.

This offering can be of interest to owner-users and investors seeking office and community facility space within a dynamic mixed-use environment in Queens.

Key Highlights

  • Commercial units approved for the ICAP 25‑Year Tax Abatement
  • Ceiling heights range from approximately 13 to 19 feet
  • Approximately 33,000 SF of commercial space available

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Building Supply Parking Lot & Garage Skin Care Clinic

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

10,652
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

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?
Office units - Brick office units in a mixed-use development with central air and flexible, taller-ceiling space for community uses.
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 $1,637,900.
What are key features of this property?
This property features: Commercial units approved for the ICAP 25‑Year Tax Abatement; Ceiling heights range from approximately 13 to 19 feet; Approximately 33,000 SF of commercial space available
More about this property
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