Property Listing No Longer Available for Sale

135-41 38th Avenue, Flushing, NY

Retail for Sale - $4,680,000 - 2,108 Sq. Ft. on 0.05 acres


Property Info

CIMLS#1058301
Location
  135-41 38th Avenue
  Flushing NY 11354
UpdatedJuly 15th, 2020
TypeRetail
Price$4,680,000
Building2,108 Sq. Ft.
Land0.05 acres

Property Description

Located along 38th Avenue between Main Street and Prince Street, this building is next door to a Lucille Roberts gym and is two blocks away from the 7 Train. The one-story building is approximately 2,108 SF and is built to fit the lot.

This commercial property is in a C4-2 and C4-3 zoning (R6 Equivalent) district with a development potential of approximately 6,800 SF "As of Right", totaling 9,600 SF including the community facility bonus. The entire property will be delivered vacant making this an excellent opportunity for an end user or a developer to capitalize on the rapidly growing demand for new construction retail and office spaces in Downtown Flushing.

The building is surrounded by numerous residential condos and a thriving commercial scene. In addition, the new developments Flushing Commons and Tangram are all located within one block.

This Flushing section of Main Street is one of the highest paying retail and office corridors in all of Queens. The 7 train, LIRR and multiple bus lines are all available within walking distance.


Financials



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