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$ 2,199,000
Est. payment /mo
Price Dropped by $400K
131-44 40 RD Flushing, NY 11354
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1044524
Rental Info No
Year Built 2007
Annual Tax Amount $29,143
Property Sub-Type Triplex
Source onekey2
Property Description
Prime Location! Mix-Use Building Situated in the Heart of Downtown Flushing. Completed in 2007. Building Size: Approximately 5007 Sqft. Lot Size: 20*60. This Building Feature 3 Commercial Unit and 3 Residential Units. Great Income. With its prime location, stable rental income, and favorable zoning, 131-44 40th Road presents a compelling investment opportunity. The remaining tax abatement further enhances the property's financial attractiveness. 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.
Location
State NY
County Queens
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features Open Floorplan
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 21 Edward Hart
Middle Schools Jhs 189 Daniel Carter Beard
High Schools Queens 25
School District Queens 25
Others
Senior Community No
Special Listing Condition None
Listed by Prime Realty • Shirley Y. Chen