Property
$4,380,0000.03 Acres
For Sale
For Sale
$4,380,0000.03 Acres
For Sale

13340 37th Avenue, Flushing, NY 11354 - Queens County

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Property ID 23802510

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MULTI_FAMILY - Flushing, NY

Description

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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Environmental Factors

Flood Factor ™
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Fire Factor ™
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Heat Factor ™
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Wind Factor ™
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Source:First Street
Listing provided by
Source: ListHub, MLS# 875158
Listing status: Active
Listing last updated: January 28, 2026 at 5:40 PM
Listing last checked: January 28, 2026 at 5:30 PM
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