Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Prime Commercial Property for Sale in Downtown Flushing
  • Surrounded by constant foot traffic in a bustling business district.
  • Directly across from Flushing Main Street Library in the heart of Downtown Flushing.
  • Ideal for businesses seeking exposure in a vibrant, high-demand area.

Executive Summary

Prime Flushing Mixed-Use / Community Facility Building For Sale. Located in the heart of Flushing, just one block to LIRR and subway access, and minutes to the public library with strong daily foot traffic. Built in 2017, this well-maintained 6-story building with a full basement offers approximately 13,123 SF of interior space. Each unit features separate utilities, providing efficient management and flexible leasing options. This is a rare opportunity to acquire a newer construction, full building in a highly desirable location. Minimal renovation required, making it ideal for investors seeking stable income potential. Potential for future conversion to residential use (subject to approvals), offering both immediate cash flow and long-term development upside.

Property Facts

Price $10,434,675 CAD
Price Per Unit $10,434,675 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
  • Building in Shell Condition
No. Units 1
Property Type Multifamily
Property Subtype
Apartment
  • OfficeLoft Creative Space
  • Office Medical
Apartment Style Mid-Rise
Building Class C
Lot Size 0.11 AC
Building Size 13,123 SF
No. Stories 7
Year Built 2018
Zoning R6 - Medium-density residential district allowing for a variety of housing types, including townhouses, small residential buildings.

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
05039-0027
Land Assessment
$476,291 CAD
Improvements Assessment
$2,738,645 CAD
Total Assessment
$3,214,936 CAD
  • Listing ID: 36192018

  • Date on Market: 2025-06-10

  • Last Updated:

  • Address: 132-50 41st Ave, Flushing, NY 11355

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}