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listing
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MultifamilyFor Sale
$1,860,000
14808 35th Avenue
Flushing, NY 11354
Listed by: Compass Greater NY LLC, 917-569-8850
MLS: OneKey MLS
11Beds
6Baths
Est. Mortgage
$9,701/mo

This offering consists of a package of 3 adjacent mixed-use buildings with substantial redevelopment potential, located in the heart of Downtown Flushing—one of Queens’ fastest-growing neighborhoods. The subject property sits in an R7-1 zoning district with an FAR of 4.8, making it a prime development site for future residential expansion or repositioning. Currently, all residential units are leased at more than 20% below market rent, offering investors a clear value-add opportunity through rental adjustments. With stable tenancy, underutilized income, and long- term development upside, this asset offers both immediate cash flow and significant future growth potential. As part of a 3-building package, this is a rare opportunity to acquire a strategic footprint in a high-demand urban core with strong connectivity and sustained market momentum.

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Information courtesy of Compass Greater NY LLC is subject to verification and is not guaranteed.
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