Brick Mixed-Use Building with
9106 43RD AVE Flushing, NY 11373
9106 43RD AVE, Flushing, NY, 11373
$1,388,000
For Sale
$1,388,000
Brick mixed-use property with a ground-floor restaurant and two residential units above, plus an outstanding tax lien.
Property Size3,240 SF
Price / SF$428.40
Days on Market225
Property Features for 9106 43RD AVE
General Information
- Standard status
- Active
- Size
- 3,240 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1931
Listing agency
(917) 751-0812
Listed by
Douglas Elliman Real Estate
(917) 751-0812
Source
Xome
Added: Dec 8, 2025 Updated: Jul 21 at 1:50AM Checked: Jul 21 at 3:04AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
This brick mixed-use building offers ground-floor restaurant space with street-facing presence, along with two residential units above. The residential floors include a 2-bedroom unit on the second floor and a 3-bedroom unit on the third floor, with windowed layouts throughout. The property is sized at approximately 3,240 square feet.
The building is located at 9106 43rd Ave, Flushing, NY 11373. An open tax lien in the amount of $89,000 is currently on the property and will be settled before and/or by closing. The seller is willing to hold paper up to approximately $400,000, and the buyer is required to bring a minimum of $1,000,000.
The commercial unit is described with potential rent of approximately $8,400 per month, while the second-floor 2-bedroom and third-floor 3-bedroom units have projected rent ranges of $2,300–$4,000 and $3,500–$5,000, respectively, depending on the level of renovation.
The building is located at 9106 43rd Ave, Flushing, NY 11373. An open tax lien in the amount of $89,000 is currently on the property and will be settled before and/or by closing. The seller is willing to hold paper up to approximately $400,000, and the buyer is required to bring a minimum of $1,000,000.
The commercial unit is described with potential rent of approximately $8,400 per month, while the second-floor 2-bedroom and third-floor 3-bedroom units have projected rent ranges of $2,300–$4,000 and $3,500–$5,000, respectively, depending on the level of renovation.
Key Highlights
- Brick mixed‑use building built in 1931 with a ground‑floor restaurant plus 2 residential units above
- Commercial space with approximately $8,400/month income potential
- Second‑floor 2‑bedroom unit with projected rent range of $2,300–$4,000 (based on renovation level)
Local Financial Insights For Apartment 5plus
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 | $149.7k | $46.20 |
| − Vacancy | −$5.7k | −$1.76 |
| EGI | $144.0k | $44.44 |
| − OpEx | −$64.8k | −$20.00 |
| NOI | $79.2k | $24.44 |
3,240 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Specialty Retail
$2.14M
$1.87M – $2.50M
NOI $149,955 @ 7.0% cap · market cap 10.80%
Second Best
Apartment 5plus
$1.13M
$990.0K – $1.32M
NOI $79,200 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,200 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
Similar Off Market Nearby
- Pakshala Dine — 8112 Broadway, Elmhurst, NY 11373
- icook buffet (好客火锅烧烤） — 81-17 broadway, queens, ny 11373
FAQs
What type of property is this?
Conventional restaurant - Brick mixed-use property with a ground-floor restaurant and two residential units above, plus an outstanding tax lien.
Where is this conventional restaurant located?
The property is located at 9106 43RD AVE Flushing, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Brick mixed‑use building built in 1931 with a ground‑floor restaurant plus 2 residential units above; Commercial space with approximately $8,400/month income potential; Second‑floor 2‑bedroom unit with projected rent range of $2,300–$4,000 (based on renovation level)
