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$17,500,000

  • For Sale
  • Active
  • Commercial
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Discover Unmatched Commercial Potential at 44-06 Main Street - Flushing, NY Now available: a rare opportunity to acquire a highly visible, transit-rich commercial property zoned C4-3 in Downtown Flushing. This prime offering presents unmatched flexibility for redevelopment or user occupation in one of Queens' fastest-transforming neighborhoods. Power of zoning: permitted FAR, allowed uses, development upside Proximity to transit: 7 train, LIRR, busway Vibrant commercial activity and foot traffic Economic and cultural vitality of Flushing

Full Property Details for 40-06 Main St

General

  • Price: $17,500,000
  • Taxes: $255,860
  • Status: Active
  • Type: Commercial
  • Source: Long_Island
  • MLS ID: 903278
  • Updated: 1/26/2026
  • Added to Site: 227 day(s) ago

Business

  • Business Type: Education/School, Fast Food, Financial, Food & Bevera

Location

  • County: Queens

Heating & Cooling

  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

Structural Information

  • Detached/Attached: Attached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full Basement
  • Building Size: 6338
  • Square Feet: 6,338
  • Year Built: 1931

Lot Features

  • Lot Size (Acres): 0.0574
  • Lot Size (Sq. Ft.): 2,500
  • Zoning: C4-3

Financial Considerations

  • Tax Amount: $255,860

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 05036-0037

Listed by New Group Realty Inc

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Listing agents

— 40-06 Main St —

  • New Group Realty Inc

  • New Group Realty Inc

718-255-9100

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40-06 Main St

School District:New York City Geographic School District 25
NameGradesDistance
Ps 20 John Bowne
142-30 Barclay Ave, Queens, NY 11355
K-50.3 mi
Jhs 189 Daniel Carter Beard
144-80 Barclay Ave, Queens, NY 11355
6-80.6 mi
Flushing High School
35-01 Union St, Queens, NY 11354
9-120.4 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 40-06 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/19/2025
Listed
$17,500,000
118.75%
MLS
11/19/2010
Sold
$8,000,000
—
Public Record
Get Price Alerts and Save Property
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 for 40-06 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$285,741
1%
$2,655,090
-15%
2024
$282,676
10%
$3,132,900
30%
2023
$255,860
-4%
$2,415,600
-10%
2022
$267,618
7%
$2,685,150
15%
2021
$249,325
10%
$2,331,450
-16%
2020
$226,234
22%
$2,778,750
14%
2019
$186,100
54%
$2,445,300
5%
2017
$121,216
—
$2,328,300
2%
2017
$121,216
35%
$2,272,950
150%
2016
$90,122
9201%
$909,900
4%
2015
$969
-99%
$874,350
4%
2014
$74,042
2%
$841,050
-3%
2013
$72,399
—
$866,250
—
View All
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 for 40-06 Main St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by New Group Realty Inc

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4006 Main Street, Flushing, NY 11354 (MLS# 903278) is a Commercial property. 4006 Main Street is currently listed for $17,500,000 and was received on August 19, 2025. Want to learn more about 4006 Main Street? Do you have questions about finding other Commercial real estate for sale in Flushing? You can browse all Flushing real estate or contact a Coldwell Banker agent to request more information.

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