Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom residential multi family at 13340 37th Avenue in Flushing, NY is listed for $4,280,000. Built in 2004, on a 0.03 acres lot.

Agent Description

Prime Mixed-Use Investment in the Heart of Downtown Flushing A rare opportunity to acquire a fully leased (with the exception of the basement) mixed-use building in one of the most dynamic and fast-growing corridors of Flushing. This well-maintained property offers a strong, stable income stream today with significant upside for tomorrow.

Basement: Vacant and ready for lease - an ideal space for a new tenant looking to capitalize on Flushing's unmatched foot traffic. First Floor: Occupied by a popular, well-established dessert restaurant with strong brand recognition and reliable rental income.

Second Floor: Leased to a long-term office tenant, providing consistent and dependable revenue. Third & Fourth Floors: Each features a spacious 3-bedroom, 2-bath residential unit, generating excellent rental income in a high-demand neighborhood. With a projected cap rate of approximately 6%, this property is low-maintenance, easy to manage, and perfectly suited for both seasoned investors and those seeking a stable, hands-off return.

Positioned in a rapidly developing section of Downtown Flushing, this asset offers the perfect blend of current cash flow and future appreciation. Don't miss your chance to secure a solid, income-producing property in one of Queens' most vibrant commercial and residential hubs.

Key Features

  • Built in 2004
  • 0.03 acre lot
  • 4 stories

Property Details

4 stories
2004

Amenities

A/C

Monthly Cost Estimate

$22,890/mo

20% down · 6.5% · 30 years

Principal$3,095
Interest$18,547
Insurance$1,248

Estimates only. Actual payments may vary.

Location

13340 37th Avenue

Flushing, NY 11354

Property Details

Construction

Brick

Parking

Off Street

Heating

Natural GasBaseboard

Cooling

Wall/Window Unit(s)Multi UnitsVaries by UnitWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 13340 37th Avenue is listed at $4,280,000. The estimated monthly payment is $18,547 based on 20% down at 6.5% interest.

Key features include: Built in 2004, 0.03 acre lot, 4 stories.

This property is listed by King Hong Chin and can be reached at 9176675211 or jchin@kw.com.

KC

King Hong Chin

Agent at Keller Williams Rlty Landmark

(917) 667-5211

Listed by Keller Williams Rlty Landmark

MLS# 875158· Source: listhub· Updated 357 days ago

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

13340 37th Avenue, Flushing, NY 11354

Open this listing in: