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$4,990,000
129 Days On Site

13340 37th Avenue
Flushing, NY 11354

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,944
SqFt
$1,009
/SqFt
2004
Built
County:
Queens
Listing courtesy of Keller Williams Rlty Landmark jchin@kw.com

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(516) 399-9474
13340 37th Avenue13340 37th Avenue13340 37th Avenue13340 37th Avenue
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Prime Mixed-Use Investment in the Heart of Downtown Flushing A rare opportunity to acquire a fully leased (with the exception of the basement) mixed-use building in one of the most dynamic and fast-growing corridors of Flushing. This well-maintained property offers a strong, stable income stream today with significant upside for tomorrow. Basement: Vacant and ready for lease — an ideal space for a new tenant looking to capitalize on Flushing’s unmatched foot traffic. First Floor: Occupied by a popular, well-established dessert restaurant with strong brand recognition and reliable rental income. Second Floor: Leased to a long-term office tenant, providing consistent and dependable revenue. Third & Fourth Floors: Each features a spacious 3-bedroom, 2-bath residential unit, generating excellent rental income in a high-demand neighborhood. With a projected cap rate of approximately 6%, this property is low-maintenance, easy to manage, and perfectly suited for both seasoned investors and those seeking a stable, hands-off return. Positioned in a rapidly developing section of Downtown Flushing, this asset offers the perfect blend of current cash flow and future appreciation. Don’t miss your chance to secure a solid, income-producing property in one of Queens’ most vibrant commercial and residential hubs.

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Listing Snapshot
Price 
$4,990,000
Days On Site 
129 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,944 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0348 Acres
Year Built 
2004
MLS® Number 
875158
Status 
Active
Property Tax 
$42,754.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoPrice changed to $4,990,000
a month agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.0348
Disclosures 
None
Number Of Stories 
4
Parking 
Off Street
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4944
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Basement 
FinishedWalk-Out Access
Cooling 
Multi UnitsVaries by UnitWall/Window Unit(s)
Heating 
BaseboardNatural Gas
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Exterior Features
Construction Details 
Brick
Community Features
Accessibility Features 
Accessible Elevator Installed
Listing courtesy of Keller Williams Rlty Landmark jchin@kw.com


Based on information submitted to the MLS GRID as of 2025-10-17 12:28 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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