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Mixed-Use Community Facility Space
For Sale
$1,818,300
Pending

38-20 Parsons Boulevard, Flushing, NY 11354

Commercial Sale, Flushing, NY

Property SizeContact for details
Days on Market48

Property Features for 38-20 Parsons Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Property condition Under Construction
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Pending
APN 05022-1608

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1070

Utilities

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

Building Details

Year built 2025
Building materials Brick
Listing Agency: E Realty International Corp
Listed By: Hsin Yuan Yang · License #10311205376
Added: Aug 11 Changed: Sep 5 Last Checked: Sep 27 at 10:06AM
MLS# 1037508

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.

Approximately 33,000 SF of community facility space is available within a mixed-use building under construction. The units feature ceiling heights ranging from approximately 13 to 19 feet, supporting flexible layouts for medical, dental, educational, daycare, and professional service uses. Adjacent units may be combined subject to required approvals and permits. Building construction includes brick, electric heating, central air conditioning, public water, and public sewer.

The property is located at 38-20 Parsons Boulevard in Downtown Flushing, with access to public transportation, major roadways, shopping, restaurants, medical offices, and neighborhood services. Residential units in the building are substantially sold out and occupied. The commercial units are approved for the ICAP 25-Year Tax Abatement, and the configuration may suit both owner-users and investors.

Key Highlights

  • Approximately 33,000 SF of commercial space available
  • Ceiling heights range from approximately 13 to 19 feet
  • Community facility uses include medical, dental, educational, daycare, and professional services

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Garden Center Catering Service Veterinary Clinic Barber Shop

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

150
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Community facility units are under construction within a mixed-use building with residential occupancy and central air conditioning.
Where is this mixed-use property located?
The property is located at 38-20 Parsons Boulevard Flushing, NY.
What is the asking price?
The asking price for this property is $1,818,300.
What are key features of this property?
This property features: Approximately 33,000 SF of commercial space available; Ceiling heights range from approximately 13 to 19 feet; Community facility uses include medical, dental, educational, daycare, and professional services
More about this property
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