133-40 37th Ave - Storefront Retail/Residential FOR SALE


Flushing, NY 11354- Downtown Flushing
$5,290,000 USD
133-40 37th Ave, Flushing, NY for Sale
$5,290,000 USD
Storefront Retail/Residential - FOR SALE
1/32
null | 4.76% Cap Rate

133-40 37th Ave
Flushing, NY 11354
Downtown Flushing


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,290,000 USD

PRICE/SF

$1,080 USD /SF

CAP RATE

4.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,515 SF

ZONING

C4-2

APN/PARCEL ID

04972-0034

ASK ABOUT THIS PROPERTY

King Hong ChinKeller Williams Realty LandmarkMore Info

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King Hong ChinKeller Williams Realty LandmarkMore Info

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