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13340 37th Avenue
Flushing NY 11354 US

$4,990,000

Active Listing ID 875158
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Lot: 0.03 Acres
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Single Family Attached

$4,990,000

Active Listing ID 875158
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13340 37th Avenue Prime Mixed-Use Investment in the Heart of Downtown Flushing A rare opportunity to acquire a fully leased (with the exception of the basement) mixed-use building in one of the most dynamic and fast-growing corridors of Flushing. This well-maintained property offers a strong, stable income stream today with significant upside for tomorrow. Basement: Vacant and ready for lease — an ideal space for a new tenant looking to capitalize on Flushing’s unmatched foot traffic. First Floor: Occupied by a popular, well-established dessert restaurant with strong brand recognition and reliable rental income. Second Floor: Leased to a long-term office tenant, providing consistent and dependable revenue. Third & Fourth Floors: Each features a spacious 3-bedroom, 2-bath residential unit, generating excellent rental income in a high-demand neighborhood. With a projected cap rate of approximately 6%, this property is low-maintenance, easy to manage, and perfectly suited for both seasoned investors and those seeking a stable, hands-off return. Positioned in a rapidly developing section of Downtown Flushing, this asset offers the perfect blend of current cash flow and future appreciation. Don’t miss your chance to secure a solid, income-producing property in one of Queens’ most vibrant commercial and residential hubs.

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Property Features

  • Facts
  • Lot Size: 0.03 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Single Family Attached
  • Features
  • Cooling System: Multi Units, Varies by Unit, Wall/Window Unit(s), Window Unit(s)
  • Heating Fuels: Baseboard, Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Single Family Attached
  • listprice: 4990000
  • unparsedaddress: 13340 37th Avenue
  • postalcity: Flushing
  • stateorprovince: NY
  • country: US
  • postalcode: 11354
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0348
  • lotsizeunits: Acres
  • lotsizearea: 0.0348
  • livingarea: 4944
  • livingareaunits: Square Feet
  • listagentfullname: King Hong Chin
  • listagentemail: jchin@kw.com
  • listagentkey: 3yd-MLSLINY-121868
  • listagentmlsid: 121868
  • listagentpreferredphone: 9176675211
  • listagentofficephone: 7184752700
  • listofficekey: 3yd-MLSLINY-KEWL01
  • listagentstatelicense: 30CH1025962
  • listofficemlsid: KEWL01
  • disclaimer: Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 2004
  • listingcontractdate: 2025-06-09
  • listagenturl: http://www.kwnyhomes.com
  • countyorparish: Queens
  • parcelnumber: 04972-0034
  • cooling: Multi Units, Varies by Unit, Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Brick
  • heating: Baseboard, Natural Gas
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Landmark", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jchinre@gmail.com", "ListBrokerageCity":"Flushing", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cardenas@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/c5ababc31ebe8562011ecbbfd85201e9/20090128102131265.pjpeg", "ListBrokerageName":"Keller Williams Realty Landmark", "ListBrokeragePhone":"(718) 475-2777", "ListBrokeragePostalCode":"11358", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"32-55 Francis Lewis Blvd.", "ListBrokerageWebsiteUrl":"http://www.kwnyhomes.com", "ListOfficeAddress1":"3255 Francis Lewis Blvd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"9027479", "ListOfficeCity":"Bayside", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw751@kw.com", "ListOfficePostalCode":"11361", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family - Flushing, NY", "ListingURL":"https://listings.listhub.net/pages/MLSLINY/875158/?channel=rexren", "MLSModificationTimestamp":"2025-10-02T18:07:54Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":42754.64, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/23/2025 7:08:15 PM GMT
Source Updated Date: 12/7/2025 12:56:07 PM GMT

Courtesy of: King Hong Chin, Keller Williams Rlty Landmark, jchin@kw.com

Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.