131-48 40th Road, Flushing, NY 11354

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Sold Price
$2,350,000
Days on Market
85
Closing Date
Jan 02, 2026
MLS#
866195
Status
CLOSED
Property Type
Multi Family
Year Built
2007
Property Tax
$69,940

Property Description

Prime Location! Mix-Use Building Situated in the Heart of Downtown Flushing. Completed in 2007. Building Size: Approximately 6412 Sqft. Lot Size: 20*86. This Building Feature 1 Commercial Unit and 3 Residential Units. Great Income. With its prime location, stable rental income, and favorable zoning, 131-48 40th Road presents a compelling investment opportunity. Prospective investors should consider this property for its potential for long-term appreciation and consistent cash flow. Located just steps away from Main Street, the property offers excellent visibility and accessibility. It is conveniently situated near the Main Street subway station and the Long Island Rail Road (LIRR), providing easy transportation options for tenants and customers. The area boasts heavy foot traffic and is surrounded by shopping centers, offices, and residential towers, enhancing the property's appeal to potential tenants. A Must See.

Additional Information

Acres
0.04
Basement
Finished, Full, Walk-Out Access
Heating
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Shirley Y. Chen (shirleychen727@gmail.com) from Listing Office: Prime Realty.

Selling Office: Prime Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.