BEDS0
BATHS
MLS#1003058
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens 25
Property 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 AnnInsurance: $2,839 Ann. Taxes: $23,642 Ann. Total Expenses: $35,335.29 Ann.Net Operating Income (NOI): $137,430.27 Ann.
Property Features
Property Type: Commercial -
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.05 Acres
Taxes: $23,526
Year Built: 1931
Feature Descriptions
Building Area Total: 4320
Business Type: Mixed
Days on Site: 1
Exterior: Brick, Frame
On Market Date: 2026-05-21
Parcel Number: 05054-0031
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Water: Public
Local Schools
School District: Queens 25
Listed By / Shown By
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agent Name: Nancy O'Brien
Agent Phone: (516) 361-7284
Agency Title: Howard Hanna | Coach Realtors
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14920 41st Avenue | MLS# 1003058
This commercial property located at 14920 41st Avenue, Flushing, NY 11355 is currently listed for sale with an asking price of $2,388,000. 41st Avenue is located within the Queens 25 school district. Search Flushing real estate on nobrien.coachrealtors.com today.