$5,880,000

132-38 41st Ave Flushing, NY 11355

Flushing Neighborhood

Estimated payment $35,194/month

Total Views 6,421
-- Bed
-- Bath
6,946 Sq Ft
$847 Price per Sq Ft

Highlights

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

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

0

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2025 09/18/25 For Sale $5,880,000 -- $847 / Sq Ft
Source: Brooklyn Board of REALTORS®

About the Listing Agent

Chun Ying Chen
Chun Ying Chen

RE/MAX Edge

(347) 408-2782

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As a Local expert, I’m dedicated to helping my clients find the home of their dreams. Whether you are buying or selling a home or just curious about the local market, I would love to offer my support and services. I know the local community — both as an agent and a neighbor — and can help guide you through the nuances of our local market. With access to top listings, a worldwide network, exceptional marketing strategies and cutting-edge technology, I work hard to make your real estate

View Chun Ying's Profile

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Source: Brooklyn Board of REALTORS®

MLS Number: 495932

Brooklyn Board of REALTORS®
New York Queens County Flushing 11354 Flushing

132-38 41st Ave, Flushing, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Chun Ying Chen
Chun Ying Chen
Listing Agent Section Image
RE/MAX Edge
(347) 408-2782