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Mixed-Use Property with Community Facilities
For Sale
$1,637,900

38-20 Parsons Boulevard Cf9, Flushing, NY 11354

Newly developed commercial units offer flexible layouts and access to established residential occupancy within the building.

Property Size33,000 SF
Price / SF$49.63
Days on Market41

Property Features for 38-20 Parsons Boulevard Cf9

General Information

Standard status Active
Size 33,000 SF

Additional Details

Public Transit Yes

Building Details

Buildings 1
Listing Agency: E Realty International Corp
Listed By: Hsin Yuan Yang · License #10311205376
Source: Realtyconnectusa
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 28 at 1:05PM

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 E Realty International Corp

Investment Insights

Based on property information with market context.

This mixed-use property includes approximately 33,000 SF of commercial space within a newly developed building that also contains residential units. The commercial component is designated for community facility use, with ceiling heights ranging from approximately 13 to 19 feet. Adjacent units may be combined subject to required approvals and permits, supporting adaptable configurations for medical, dental, educational, daycare, and professional service uses.

Located at 38-20 Parsons Boulevard in Flushing, the property is positioned near public transportation, major roadways, shopping, restaurants, medical offices, and other neighborhood amenities. Residential units in the building are substantially sold out and occupied. The commercial units are approved for an ICAP 25-Year Tax Abatement; rooftop commercial use remains subject to future management determination.

Key Highlights

  • Approximately 33,000 SF of commercial space
  • Ceiling heights range from approximately 13 to 19 feet
  • Commercial units approved for an 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

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

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 commercial units offer flexible layouts and access to established residential occupancy within the building.
Where is this mixed-use property located?
The property is located at 38-20 Parsons Boulevard Cf9 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: Approximately 33,000 SF of commercial space; Ceiling heights range from approximately 13 to 19 feet; Commercial units approved for an ICAP 25‑Year Tax Abatement
More about this property
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