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For SaleLuxury

$3,990,000

176 days on market

142-18 32 Avenue

Flushing, NY 11354

View records
· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

Located near Northern Blvd, this community facility property is available for sale or lease. Situated on a 50x150 lot, it offers 5 parking spaces, a long private driveway, and an elevator. Previously used as a daycare, the building features three levels with separate entrances, providing excellent flexibility for a variety of institutional uses. The approximate layout includes a 3,000 sq ft first floor with high ceilings, a 3,500 sq ft basement, and a 700 sq ft second floor with a balcony. The entire building can be leased for approximately $20,000 per month, offering strong and stable income potential. Additional upside includes expansion potential and the benefit of a 10-year property tax abatement, along with a current low annual property tax of approximately $25,000. Ideal for use as a daycare, senior center, after-school program, or other community facility purposes, as well as for investment.Additionally, it’s worth mentioning that the building offers expansion potential. The first floor has an 18-foot ceiling, allowing for an additional floor to be added. Electrical and main beams are already in place. There’s also an additional 1,500 square feet of rooftop that can be built upon.

Listing agent (MLS): Kai Zhao · Listing brokerage (MLS): Homix Realty Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,990,000

Beds

Beds n/a

Type

House

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

For Sale

Days on Market

176

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.

Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.

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Courtesy of Homix Realty Inc