Buy with Yoreevo
$4,794,600
List Price: $4,880,000
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13340 37th Avenue
House in Flushing •  building info
studio • 1,515ft² $3,221 per ft²
Buy with Yoreevo

$4,794,600

List Price

$4,880,000

Key Details
Days on market
194
Last price change
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Estimated payment
$30,605/mo
Taxes
$3,563/mo
Maintenance
N/A
Description
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.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$4,880,000
Asking Price: $4,880,000
Term
30 Years
Down Payment
$488,000 (10%)
Min: 10% (488,000)
Rate
6.25 %
Mortgage Amount
$4,392,000
Mortgage Payment
$27,042
Taxes
$3,563
Estimated Yoreevo rebate
$85,400
Estimated closing cost
$185,000
Total monthly cost $30,605
Buy your dream home with us and get an estimated $85,400 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller Williams Rlty Landmark

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