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13340 37th Avenue, Flushing, NY 11354

$4,280,000
  • 13340 37th Avenue, Flushing, NY 11354 Main Photo

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Active
MLS#875158
STATUSActive PROPERTY TYPECommercial -

Property Description

Prime Mixed-Use Investment in the Heart of Downtown FlushingA 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.

13340 37th Avenue | MLS# 875158

This commercial property located at 13340 37th Avenue, Flushing, NY 11354 is currently listed for sale with an asking price of $4,280,000. Search Flushing real estate on www.cbamhomes.com today.

Property Features

Property Type: Commercial -
Basement: Yes
Basement: Finished, See Remarks, Walk-Out Access
Cooling: Multi Units, Varies by Unit, Wall/Window Unit(s)
Heating: Baseboard, Ducts, Natural Gas
Lot Size: 0.03 Acres
Stories: 4.0
Taxes: $42,754
Year Built: 2004

Feature Descriptions

Accessibility: Accessible Elevator Installed
Building Area Total: 4944
Days on Site: 349
Exterior: Brick
Heating Units: 5
Heating Zones: 5
On Market Date: 2025-06-09
Parcel Number: 04972-0034
Parking Features: Off Street
Parking Total: 0
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 6
Separate Gas Meters: 5
Sewer: Public Sewer
Units: 5
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water: Public

Listed By / Shown By

Listing By

Agency Name: Keller Williams Rlty Landmark
Agency Contact: 718-475-2700

Shown By

Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443

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