13440 Blossom Ave 8 Unit Apartment Building $9,004,730 CAD ($1,125,591 CAD/Unit) 4.80% Cap Rate Flushing, NY 11355

Investor Alert! Rare opportunity to acquire a brand-new mixed-use elevator building in the heart of Flushing, featuring a ground-floor retail space, a basement with a separate entrance, and 8 residential units above. Opportunities like this are exceptionally rare in the local market, especially for newly built mixed-use assets with elevator service and long-term investment potential.
The property offers a strong and practical configuration for investors, combining street-level commercial visibility with multiple upper-floor residential units in a modern, professionally presented building. The residential units feature contemporary interiors, updated kitchens and bathrooms, modern cabinetry, and clean, functional layouts designed for comfortable everyday living. All units are separately metered for water, electricity, and gas, with utilities paid by the tenants, helping reduce ownership costs and improve operational efficiency.
The ground-floor retail space benefits from direct street frontage and strong visibility, while the surrounding residential density supports steady neighborhood demand. With stable rental potential, low-maintenance new construction, and future condo sellout potential, this property is well suited for investors seeking consistent cash flow, long-term appreciation, and multiple exit strategies. Conveniently located near Main Street, the Botanical Garden, and a wide range of established neighborhood amenities, this is a compelling Flushing investment opportunity in one of the area’s most active and resilient rental markets.
Positioned in a highly active Flushing location, this property is well suited for investors seeking a stabilized mixed-use building with attractive presentation, diversified tenancy, and long-term upside. Its combination of updated residential interiors, commercial visibility, and elevator access makes it a compelling opportunity for both private investors and portfolio buyers.