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Mixed-Use Community Facility Property
New
For Sale
$1,818,300

38-20 Parsons Boulevard, Flushing, NY 11354

SINGLE_FAMILY - Flushing, NY

Property Size33,000 SF
Price / SF$55.10
Days on Market1

Property Features for 38-20 Parsons Boulevard

General Information

Property type Residential
Property subtype Office
Property condition Under Construction
Elementary school district Queens 25
Middle school district Queens 25
High school district Queens 25
Standard status Active
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 Last Checked: Aug 11 at 7:06PM
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.

This mixed-use property includes approximately 33,000 SF of commercial community facility space within a newly developed building with residential units. The commercial component is under construction and features ceiling heights ranging from approximately 13 to 19 feet, offering adaptable interior volume for medical, dental, educational, daycare, and professional-service applications. Adjacent units may be combined subject to required approvals and permits.

The property is located at 38-20 Parsons Boulevard in Flushing, Queens, near public transportation, major roadways, shopping, restaurants, medical offices, and other neighborhood amenities. Residential units in the building are substantially sold out and occupied. Commercial units are approved for the ICAP 25-Year Tax Abatement. The building is constructed with brick, with electric heating, central air, public water, and public sewer.

Key Highlights

  • Approximately 33,000 SF of commercial community facility space
  • Ceiling heights range from approximately 13 to 19 feet
  • Approved for the ICAP 25‑Year Tax Abatement

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Newly developed community facility units accommodate medical, educational, daycare, and professional-service uses.
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 community facility space; Ceiling heights range from approximately 13 to 19 feet; Approved for the ICAP 25‑Year Tax Abatement
More about this property
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