$4,990,000

Estimated payment $30,873/month

Total Views 28,940
-- Bed
-- Bath
6,946 Sq Ft
$718 Price per Sq Ft

Highlights

  • Granite Flooring
  • Hot Water Heating System
  • Private Driveway
  • P.S. 20 John Bowne Elementary Rated A-

About This Home

Commerical and residential Building for sale in the heart of Flushing, New York, minutes to main street, as well to the subway, and minutes to the supermarket. The building accommodates 6 families, 6 one-bedroom apartment, and two doctor's clinics. The lower-level and first floor are both doctor's clinics, totaling 3,600 square feet. The lower-level rents for $6,700 per month, and the first-floor rents for $12,000. Monthly rent for the second floor is $6,000. Monthly rent third floor is $3,600 and monthly rent for fourth floor is $3,600. There are two one-bedroom and one living room units on each floor, for total of 6 one bedroom and one living room units (it can be raised by 2 and a half floors). There is an Elevator in the lower level to the second floor: Annual rent for the entire building: $383,000. The landlord only provides water, electricity and gas, which the tenants pay for. The average water bill is $1,200 per quarter. Insurance for the entire building is $3,600/year. Property tax is $53,000 per year. We Show Virtual Staging

Listing Agent

Chun Ying Chen

RE/MAX Edge License #10401299853 Listed on: 09/18/2025

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $53,000

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 100 x 21

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 6,946 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Flooring

  • Wood
  • Granite
  • Tile

Parking

  • 1 Parking Space
  • Private Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 110 Volts

Listing and Financial Details

  • Tax Block 5039

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $3,600
  • Gross Income $38,300
  • Net Operating Income $321,600

Property Details

Property Type

Other

Est. Annual Taxes

$53,000

Lot Details

2,100 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished
  • Borough: Queens
  • Building Length: 49.00
  • Building Width: 21.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Main Street
  • Heat Delivery: Hot Water
  • Number Of Families: 6
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 6946
  • Building Stories: 2
  • Street Name I D X: 41st
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Granite, Hardwood, Tile
  • Lot Sq Ft: 2100

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 21
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 21

Multi Family

  • Annual Gross Expense: 61400.00
  • Annual Gross Income: 38300
  • Insurance Expense: 3600.00
  • Property Net Operating Income: 321600.00
  • Unit Count: 10

Tax Info

  • Flip Tax Amount: 53000.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $65,956 $568,927 $105,106 $463,821
2024 $65,956 $527,562 $106,237 $421,325
2023 $65,956 $527,562 $111,958 $415,604
2022 $60,732 $567,000 $118,800 $448,200
2021 $56,910 $531,900 $118,800 $413,100
2020 $44,306 $581,400 $118,800 $462,600
2019 $32,820 $528,750 $118,800 $409,950
2018 $24,353 $397,740 $93,921 $303,819
2017 $14,699 $373,755 $93,883 $279,872
2016 $6,353 $373,755 $93,883 $279,872
2015 $2,586 $318,984 $96,906 $222,078
2014 $2,586 $289,800 $118,800 $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2026 04/16/26 Price Changed $4,990,000 +1.8% $718 / Sq Ft
04/06/2026 04/06/26 Price Changed $4,900,000 -16.7% $705 / Sq Ft
09/18/2025 09/18/25 For Sale $5,880,000 -- $847 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 495932

Brooklyn Board of REALTORS®
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