131-44 40th Road

131-44 40th Road, New York, NY, 11354

$2,699,000

$2,899,000

active

Lot Size

1,200 sqft

Year Built

2007

Stories

Type

Commercial

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$15,858/month estimated

Principal & interest: $14,365
Property tax: $1,368
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $539,800 · Loan amount: $2,159,200

Description

Prime Location! Mix-Use Building Situated in the Heart of Downtown Flushing. Completed in 2007. Building Size: Approximately 5007 Sqft. Lot Size: 20*60. This Building Feature 3 Commercial Unit and 3 Residential Units. Great Income. With its prime location, stable rental income, and favorable zoning, 131-44 40th Road presents a compelling investment opportunity. The remaining tax abatement further enhances the property's financial attractiveness. Prospective investors should consider this property for its potential for long-term appreciation and consistent cash flow. Located just steps away from Main Street, the property offers excellent visibility and accessibility. It is conveniently situated near the Main Street subway station and the Long Island Rail Road (LIRR), providing easy transportation options for tenants and customers. The area boasts heavy foot traffic and is surrounded by shopping centers, offices, and residential towers, enhancing the property's appeal to potential tenants. A Must See.

Property Details

Cooling: None
Heating: Natural Gas
Basement: Finished, Full, Walk-Out Access

Location

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Listed by Shirley Y. Chen, Prime Realty

MLS# KEY947446718-229-2922

Listings courtesy of OneKey® MLS as distributed by MLS GRID

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