$2,388,000
( $552.78Per Sq Foot )
 $12,819 est/mo Sourced by Back At You

14920 41st Avenue,Flushing, NY 11355

Flushing, NY 11355

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Description

Calling All Investors, Developers, & End-Users!!! 4 Unit 5,200+ Sqft. Free Market Mixed-Use Restaurant Building In Flushing For Sale!!! The Property Features Excellent Signage, Great Exposure, R5/C1-2 Zoning, High 9’ Ceilings, (2) 1 Br. Apartments, (1) 2 Br. Apartment, Basement, Sprinklers, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Murray Hill Only 3 Blocks Off Northern Blvd. & Only Minutes From I-678 (Whitestone Expy.)!!! Neighbors Include Chase Bank, TD Bank, Citizens Bank, Bank Of America, UPS, Verizon, T-Mobile, CubeSmart Self Storage, AutoZone, Dunkin’, 7-Eleven, YMCA, Enterprise-Rent-A-Car, Mobil, Duane Reade, Baskin-Robbins, Domino’s Pizza, Subway, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Korean BBQ: $72,565.56 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/34. Tenant Pays Half Of The Property Tax. 2nd Floor Front Apt. (1 Br.): $16,800 Ann.; M-M. 2nd Floor Rear Apt. (1 Br.): $20,400 Ann.; M-M. 3rd Floor Apt. (2 Br.): $45,600 Ann.; M-M. 50% Tax Rebate From Store: $12,000 Ann. 70% Water Rebate From Store: $5,400 Ann. Gross Income: $172,765.56 Ann. Expenses: Gas: $0 Ann. Electric: $890 Ann. (Hallway) Maintenance & Repairs: $250 Ann. Water & Sewer: $7,714.29 Ann Insurance: $2,839 Ann. Taxes: $23,642 Ann. Total Expenses: $35,335.29 Ann. Net Operating Income (NOI): $137,430.27 Ann.

Details

MLS #1003058
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Year1931
Days On Site155
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

SQ Feet4,320
ZoningR5
Acreage0.05

Interior

CoolingCentral Air
HeatingNatural Gas

Exterior

Construction MaterialsBrick, Frame

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value594900
Tax Annual Amount23526.16

Area Information

StateNY
CountyQueens
CityFlushing
Zip Code11355
Listing VS Median (in 11355)
Price:
$2,388,000
low | high
Med:
$628,000
100% of Average
sqft:
4,320
low | high
Med:
549
100% of Average
$ / sqft:
$553
low | high
Med:
$1,144
56.936320949007% of Average
On site:
155
low | high
Med:
160
96.875% of Average
Sourced by Back At You

Market Activity 11355

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Learn More About This Property

Smitchger Realty

Smitchger Realty

 (845) 534-7874sinfo@johnjleaserealtors.com
StateNY
CountyQueens
CityFlushing
Zip Code11355
Listing VS Median (in 11355)
Price:
$2,388,000
low | high
Med:
$628,000
100% of Average
sqft:
4,320
low | high
Med:
549
100% of Average
$ / sqft:
$553
low | high
Med:
$1,144
56.936320949007% of Average
On site:
155
low | high
Med:
160
96.875% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.791M - $2.985M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
15022 Roosevelt Avenue Property Photo 1
$2,288,888
15022 Roosevelt Avenue
Flushing, NY 11354
Listing Updated: July 9, 2026 at 3:29:53 PM PDT

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Smitchger Realty

270 Main Street
Cornwall, NY 12518
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270 Main Street 

Cornwall, NY 12518

845-534-7874

Hours of Operation

Monday 9:00 AM –  5:00 PM
Tuesday 9:00 AM –  5:00 PM
Wednesday 9:00 AM –  5:00 PM
Thursday 9:00 AM –  5:00 PM
Friday 9:00 AM –  5:00 PM
Saturday10:00 AM – 5:00 PM
SundayBy Appointment Only



Specializing in Buying and

Selling Real Estate in Cornwall,

NY and surrounding areas. 


 
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey® MLS
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