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Mixed-Use Single-Family Property

5834 Main Street Flushing, NY 11355

New
5834 Main Street, Flushing, NY, 11355
$1,820,000
For Sale
$1,820,000

MULTI_FAMILY - Flushing, NY

Property Size2,483 SF
Lot Size0.03 Acres
Price / SF$732.98
Days on Market5

Property Features for 5834 Main Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Basement
Parking features
Carport, Driveway
Interior features
Galley Type Kitchen, High Ceilings, His and Hers Closets, Low Flow Plumbing Fixtures, Recessed Lighting
Basement
Finished, Walk-Out Access
Standard status
Active
APN
06378-0035
Lot size
0.03 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8343

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Steam, Natural Gas
Cooling system
ENERGY STAR Qualified Equipment, Separate Meters, Electric
Water source
Public

Building Details

Year built
1940
Number of units
2
Building materials
Brick
Listing agency Sany Realty Group LLC
Listed by Zhizhong Liu
Added: Jul 18 Updated: Jul 22 at 5:17PM Checked: Jul 22 at 9:06PM
MLS# 1029607

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 single-family mixed-use property is configured for both commercial and residential use. The ground floor includes approximately 1,483 square feet of space suitable for a medical clinic or other commercial use. The second floor provides a two-bedroom living layout with approximately 1,000 square feet of additional living/versatile space. A fully finished basement adds further utility and includes a separate entrance, with legally permitted extensions on both the ground floor and basement levels. The property also includes a garage and one parking space.

Located on Main Street in Flushing, the offering is described as being in the heart of the area, close to the LIE (I-495) and within walking distance to New York Presbyterian Queens Hospital. The surrounding area is characterized by restaurants, shops, banks, supermarkets, bakeries, and car washes, with access to major bus lines.

The property’s combination of commercial-ready ground floor space, residential second-floor living, and independently accessed finished basement may appeal to buyers seeking a live/work arrangement within a mixed-use setting.

Key Highlights

  • Mixed‑use single‑family property with commercial on the ground floor and living space above
  • Ground floor has 1,483 sq. ft. suitable for a medical clinic or other commercial use
  • Second floor includes approximately 1,000 sq. ft. with 2 bedrooms and a living room

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $125.1k $50.40
− Vacancy −$16.1k −$6.50
EGI $109.0k $43.90
− OpEx −$27.2k −$10.97
NOI $81.7k $32.92
2,483 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,750 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$867.1K
$758.7K – $1.01M (±1% cap)
NOI $60,695 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,135 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with ground-floor commercial space and two-bedroom residential quarters, plus a finished basement with separate entrance.
Where is this mixed-use property located?
The property is located at 5834 Main Street Flushing, NY.
What is the asking price?
The asking price for this property is $1,820,000.
What are key features of this property?
This property features: Mixed‑use single‑family property with commercial on the ground floor and living space above; Ground floor has 1,483 sq. ft. suitable for a medical clinic or other commercial use; Second floor includes approximately 1,000 sq. ft. with 2 bedrooms and a living room
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