Buy with Yoreevo
$1,964,017
List Price: $1,999,000
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131-44 40 Road

House in Flushing •  building info
studio
Buy with Yoreevo

$1,964,017

List Price

$1,999,000

Key Details
Days on market
10
Last price change
$200,000 (9.1%) on 9/3/26
Estimated payment
$13,801/mo
Taxes
Maintenance
N/A
Description
Prime Location! Mix-Use Building Situated in the Heart of Downtown Flushing. Completed in 2007. Building Size: Approximately 5007 Sqft. Lot Size: 20*60. This Building Feature 3 Commercial Unit and 3 Residential Units. Great Income. With its prime location, stable rental income, and favorable zoning, 131-44 40th Road presents a compelling investment opportunity. The remaining tax abatement further enhances the property's financial attractiveness. Prospective investors should consider this property for its potential for long-term appreciation and consistent cash flow. Located just steps away from Main Street, the property offers excellent visibility and accessibility. It is conveniently situated near the Main Street subway station and the Long Island Rail Road (LIRR), providing easy transportation options for tenants and customers. The area boasts heavy foot traffic and is surrounded by shopping centers, offices, and residential towers, enhancing the property's appeal to potential tenants. A Must See.

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Building amenities
Services and facilities
Parking Available
Building info

History
9/3/26
Price decreased 9.1%
$1,999,000
$200,000
9/1/26
Price decreased 15.4%
$2,199,000
$400,000
8/29/26
Listed
$2,599,000
$1,833,845
What it'll cost
Purchase price
$1,999,000
Asking Price: $1,999,000
Term
30 Years
Down Payment
$199,000 (10%)
Min: 10% (199,000)
Rate
6.5 %
Mortgage Amount
$1,799,100
Mortgage Payment
$11,372
Taxes
$2,429
Estimated Yoreevo rebate
$34,983
Estimated closing cost
$70,000
Total monthly cost $13,801
Buy your dream home with us and get an estimated
$34,983 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Prime Realty

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.