Andrea Mahoney - Smitchger Realty Logo
$23,880,000
( $312.85Per Sq Foot )
 $128,193 est/mo Sourced by Back At You

135-07/11 40th Road,Flushing, NY 11354

Flushing, NY 11354

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Description

Rare large-scale mixed-use property located in the heart of Flushing, Queens, offering a combination of existing income-producing uses and potential future redevelopment opportunities.Property Features:2 Street-Level Retail Storefronts1 Commercial Parking Garage3 Office Spaces14 Residential UnitsPotential to reconfigure into approximately Condo/Hotel unitsThe property benefits from a prime Flushing location surrounded by retail, residential, dining, transportation, and other commercial amenities. The combination of substantial scale, multiple existing uses, and potential redevelopment flexibility makes this a notable investment opportunity. Ideal for investors, developers, and owner-users seeking a strategically located property with long-term value potential. All redevelopment, conversion, and unit-count possibilities are subject to zoning, governmental approvals, building requirements, and applicable laws. Buyer to independently verify all information and conduct its own due diligence.

Details

MLS #1052685
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Days On Site47
Listing Provided ByE Realty International Corp | Hsin Yuan Yang

Features

SQ Feet76,330

Interior

CoolingNone
HeatingBaseboard

Exterior

Construction MaterialsBrick

Utilities

UtilitiesElectricity Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount322794

Area Information

StateNY
CountyQueens
CityFlushing
Zip Code11354
Listing VS Median (in 11354)
Price:
$23,880,000
low | high
Med:
$709,000
100% of Average
sqft:
76,330
low | high
Med:
797
100% of Average
$ / sqft:
$313
low | high
Med:
$894
100% of Average
On site:
47
low | high
Med:
110.5
42.533936651584% of Average
Sourced by Back At You

Market Activity 11354

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Additional Information

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Contact

Learn More About This Property

Andrea Mahoney

Andrea Mahoney

Smitchger Realty

 (845) 554-4792andreamahoney920@gmail.com
StateNY
CountyQueens
CityFlushing
Zip Code11354
Listing VS Median (in 11354)
Price:
$23,880,000
low | high
Med:
$709,000
100% of Average
sqft:
76,330
low | high
Med:
797
100% of Average
$ / sqft:
$313
low | high
Med:
$894
100% of Average
On site:
47
low | high
Med:
110.5
42.533936651584% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 9:24:10 PM PDT

Andrea Mahoney - Smitchger Realty