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New Mixed-Use Community Facility Property
For Sale
$911,400

38-20 Parsons Boulevard #CF16, Flushing, NY 11354

Community facility space in a newly developed setting with flexible ceilings and access to transit, shopping, dining, and medical offices.

Property Size1,302 SF
Price / SF$27.62
Days on Market59

Property Features for 38-20 Parsons Boulevard #CF16

General Information

Standard status Active
Size 1,302 SF
Property subtype Commercial

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $842

Building Details

Building Size 1,302 SF
Year Built 2025
Buildings 1
Listing Agency: E Realty International Corp
Listed By: Hsin Yuan Yang · License #10311205376
Source: Cohenandcohenrealty
Added: Jun 23 Changed: Aug 19 Last Checked: Aug 19 at 3:41PM

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.

Located at 38-20 Parsons Boulevard #CF16 in Flushing, this 2025 mixed-use property includes approximately 33,000 SF of commercial community facility space. Ceiling heights range from approximately 13 to 19 feet, supporting adaptable layouts for medical, dental, educational, daycare, and professional service uses. Adjacent units may be combined with the required approvals and permits.

The commercial component is part of a mixed-use development with substantially sold-out and occupied residential units. The property is near public transportation, major roadways, shopping, restaurants, medical offices, and other neighborhood amenities. The commercial units are approved for the ICAP 25-Year Tax Abatement. Rooftop commercial use remains subject to future management determination.

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

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 - Community facility space in a newly developed setting with flexible ceilings and access to transit, shopping, dining, and medical offices.
Where is this mixed-use property located?
The property is located at 38-20 Parsons Boulevard #CF16 Flushing, NY.
What is the asking price?
The asking price for this property is $911,400.
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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