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13340 37th Avenue

Flushing, NY 11354
  • $5,600,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 875158
$5,600,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2004
County:
Area:

School Ratings & Info

Description

Prime Mixed-Use Investment Opportunity in the Heart of Flushing a rarely available mixed-use building located in one of the most dynamic and fast-growing corridors of Downtown Flushing. This fully occupied (except for the basement, currently vacant and ready for a promising new tenant) property presents a stable, income-producing asset with long-term upside potential. Basement: Vacant and ready for lease ideal for a tenant with growth potential seeking to tap into the high-traffic Flushing market. 1st Floor: popular, well-established dessert restaurant with strong brand recognition and consistent rental income. 2nd Floor: Leased to an office tenant who has maintained a long-term relationship with the landlord providing dependable revenue. 3th & 4th Floors: Each level features a spacious 3-bedroom, 2-bath residential unit with excellent rental income potential in a high-demand neighborhood. This property is low-maintenance and easy to manage, making it ideal for both seasoned investors and those looking for a hands-off, stable return. Positioned in a rapidly developing section of Flushing, this is a perfect opportunity to collect rent while the neighborhood continues to thrive and appreciate. Don't miss your chance to secure a solid asset in one of Queens' most vibrant commercial and residential hubs.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2025-07-11T00:18:41.21.
www.thetesslerteam.com/homes/164704139
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13340 37th Avenue Flushing, NY 11354

  • Price: $5,600,000
  • Status: Active
  • On Site: 31 Days
  • MLS #: 875158
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2004
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Prime Mixed-Use Investment Opportunity in the Heart of Flushing a rarely available mixed-use building located in one of the most dynamic and fast-growing corridors of Downtown Flushing. This fully occupied (except for the basement, currently vacant and ready for a promising new tenant) property presents a stable, income-producing asset with long-term upside potential. Basement: Vacant and ready for lease ideal for a tenant with growth potential seeking to tap into the high-traffic Flushing market. 1st Floor: popular, well-established dessert restaurant with strong brand recognition and consistent rental income. 2nd Floor: Leased to an office tenant who has maintained a long-term relationship with the landlord providing dependable revenue. 3th & 4th Floors: Each level features a spacious 3-bedroom, 2-bath residential unit with excellent rental income potential in a high-demand neighborhood. This property is low-maintenance and easy to manage, making it ideal for both seasoned investors and those looking for a hands-off, stable return. Positioned in a rapidly developing section of Flushing, this is a perfect opportunity to collect rent while the neighborhood continues to thrive and appreciate. Don't miss your chance to secure a solid asset in one of Queens' most vibrant commercial and residential hubs.
Exterior Features

Construction Materials Brick Parking Features Off Street Parking Total 0 Property Attached YN Yes Stories Total 4 Waterfront YN No

Interior Features

Basement Details FinishedSee RemarksWalk-Out Access Basement YN Yes Cooling Multi UnitsVaries by UnitWall/Window Unit(s) Number Of Heat Units 5 Number Of Heating Zones 5

Property Features

Accessibility Features Accessible Elevator Installed Building Area Total 4944 Disclosures None Electric Company Con-Edison Heating BaseboardDuctsNatural Gas Listing Terms 1031 ExchangeAssumableCashContractConventionalFHAOther Lot Size Area 1515 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 5 Property Condition Actual Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Sprinkler System YN Yes Tax Annual Amount 42754.64 Tax Source Municipality Total Vacancies 1 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public

Listing courtesy of King Hong Chin of Keller Williams Rlty Landmark: 718-475-2700
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2025-07-11T00:18:41.21.
 
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