Lot For Sale near East River
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.Property Details
- Location: East River
- Acres: 0.035
- County: Queens County
- Property Taxes: $42,755
- MLS #: 875158
Location
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Contact Information:
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Listing Agent: King Hong Chin, Keller Williams Realty Landmark, 917-667-5211, 718-475-2700 Listing Site, Listing Status: Active
Copyright © 2026 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.
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Ad Statistics:
| Ad Number : | 7039233 |
| Viewed: | 40 times |
| Added: | Dec 04, 2025 |
| Updated on: | Jan 28, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
