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$4,200,000
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Property Description
2-Story Community Center with Full Basement - Built in 2019 Excellent Condition & Owner-User Opportunity This modern, well-maintained building is currently occupied by a senior day care center, paying $27,000 per month, inclusive of property taxes, insurance, and maintenance fees. The property will be delivered vacant at closing. Features include 5 parking spaces and a full basement. Ideal for a doctor's office, community center, or other professional use. This building has great potential. A buyer may qualify for an SBA loan with only 10-15% down. Price is negotiable. Please do not disturb the current tenant-they are not aware the property is for sale. To schedule an interior showing, please contact Listing Agent
Full Property Details
Full Property Details for 40-14 157th St
General
- Price: $4,200,000
- Taxes: $36,193
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 855367
- Updated: 6/2/2025
- Added to Site: 261 day(s) ago
Business
- Business Type: Community Center
Location
- County: Queens
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Other
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 4309
- Square Feet: 4,309
- Year Built: 2019
Lot Features
- Lot Size (Acres): 0.0999
- Lot Size (Sq. Ft.): 4,350
Financial Considerations
- Tax Amount: $36,193.48
Disclosures and Reports
- Special Conditions: None
- Property ID: 05275-0036
Listed by Cana Realty
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Schools
Schools serving 40-14 157th St
School District:New York City Geographic School District 25
| Name | Grades | Distance |
|---|---|---|
Jhs 189 Daniel Carter Beard 144-80 Barclay Ave, Queens, NY 11355 | 6-8 | 0.6 mi |
Francis Lewis High School 58-20 Utopia Pky, Queens, NY 11365 | 9-12 | 1.8 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 40-14 157th St
Date
Details
Price
Change
Source
6/02/2025
Price Reduced
$4,200,000
-6.67%
MLS
5/20/2025
Price Reduced
$4,500,000
-6.25%
MLS
5/01/2025
Listed
$4,800,000
280.95%
MLS
11/08/2017
Sold
$1,260,000
—
Public Record
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 40-14 157th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$69,157
9%
$642,600
-3%
2024
$63,717
13%
$664,200
25%
2023
$56,246
14%
$531,024
-14%
2022
$49,388
15%
$618,300
1%
2021
$43,049
655%
$613,800
145%
2020
$5,700
15%
$250,703
966%
2019
$4,978
-30%
$23,520
-38%
2017
$7,132
130%
$38,154
3%
2016
$3,099
10%
$37,218
6%
2015
$2,812
8%
$35,112
5%
2015
$2,599
13%
$33,494
5%
2013
$2,309
—
$31,795
—
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 40-14 157th St
4014 157th Street, Flushing, NY 11354 (MLS# 855367) is a Commercial property. 4014 157th Street is currently listed for $4,200,000 and was received on May 01, 2025. Want to learn more about 4014 157th 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.

