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$1,890,000
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Property Description
Developers, builders & investors - an opportunity you can't miss! Prime Downtown Flushing R6 zoning site, nestled in one of Queens' fastest-growing corridors. Just 5 minutes' walk to Main Street, 7 Train, LIRR, multiple bus lines (Q12 / Q13 / Q15 / Q28 / Q58), Skyview Mall, supermarkets, restaurants, and schools. Currently a detached 2-family home generating immediate rental income - live in one unit or lease both for cashflow while planning redevelopment. The property sits on a 26 × 93 ft lot and offers multiple redevelopment options: Ultra-low property tax, no landmark restrictions, and high visibility location surrounded by major new developments. After completion, - a strong, pressure-free ROI in the core of Flushing's vibrant downtown! Ideal for developers, investors, or end users seeking long-term appreciation, excellent transit access, and unbeatable convenience. 0.3 mi to 7 Train (Main St Station) 0.4 mi to LIRR (Flushing Station) - 15 min to Penn Station, Steps to Skyview Center, Target, and Tangram Mall, Near Q12/Q13/Q15/Q28/Q58 bus lines, Easy access to I-495, I-678 & Northern Blvd.
Full Property Details
Full Property Details for 131-56 41st Ave
General
- Price: $1,890,000
- Taxes: $7,584
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 923510
- Updated: 10/11/2025
- Added to Site: 97 day(s) ago
Interior
- Interior Features: Eat-in Kitchen
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway, Garage
Location
- County: Queens
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Finished
- Year Built: 1920
Financial Considerations
- Tax Amount: $7,584
Disclosures and Reports
- Special Conditions: None
Listed by Sweet Key Realty Group Inc
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Schools
Schools serving 131-56 41st Ave
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131-56 41st Ave
Date
Details
Price
Change
Source
10/11/2025
Listed
$1,890,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 131-56 41st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,792
-47%
$37,763
-62%
2024
$7,168
5%
$98,220
189%
2023
$6,822
4%
$33,966
-65%
2022
$6,549
-3%
$96,720
13%
2021
$6,786
2%
$85,920
8%
2020
$6,661
6%
$79,620
13%
2019
$6,295
15%
$70,260
148%
2017
$5,478
—
$28,305
5%
2017
$5,478
2%
$26,872
—
2016
$5,372
5%
$26,872
2%
2015
$5,128
124%
$26,224
6%
2014
$2,293
-44%
$24,782
5%
2013
$4,077
—
$23,588
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 131-56 41st Ave
131-56 41st Ave, Flushing, NY 11355 (MLS# 923510) is a Multi-Family property with 2 units containing 8 bedrooms and 4 full bathrooms. 131-56 41st Ave is currently listed for $1,890,000 and was received on October 11, 2025. Want to learn more about 131-56 41st Ave? 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.

