Date
Details
Price
Change
Source
8/29/2026
Listed
$2,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,599,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 131-44 40th Rd
General
- Price: $2,599,000
- Taxes: $29,143
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1044524
- Updated: Today (8/29/2026)
- Added to Site: Today
Interior
- Interior Features: Open Floorplan
Parking
- Parking Features: None
Location
- County: Queens
- Cross Streets: Plympton Ave
School Information
- High School District: Queens 25
- Elementary School: Ps 21 Edward Hart
- Middle School: Jhs 189 Daniel Carter Beard
- High School: Flushing High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
- Heating Zones: 5
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement, Walk-Out Access
- Year Built: 2007
Financial Considerations
- Tax Amount: $29,143
Disclosures and Reports
- Special Conditions: None
Listed by Prime Realty
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Listing agent
— 131-44 40th Rd —
Prime Realty
718-229-2922
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 131-44 40th Rd
School District:New York City Geographic School District 25
| Name | Grades | Distance |
|---|---|---|
Ps 20 John Bowne 142-30 Barclay Ave, Queens, NY 11355 | K-5 | 0.6 mi |
Jhs 189 Daniel Carter Beard 144-80 Barclay Ave, Queens, NY 11355 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131-44 40th Rd
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- Condo
- Active
- Updated 1 hour ago
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Listed by E Realty International Corp
131-44 40 Road, Flushing, NY 11354 (MLS# 1044524) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 131-44 40 Road is currently listed for $2,599,000 and was received on August 29, 2026. Want to learn more about 131-44 40 Road? Do you have questions about finding other Multi-Family real estate for sale in Flushing? You can browse all Flushing real estate or contact a Coldwell Banker agent to request more information.