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:

Contact Agent
Listing Agent: King Hong Chin, Keller Williams Realty Landmark, 917-667-5211, 718-475-2700 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Lot For Sale in Flushing, New York
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.