Lot/land
  • $2,800,000

    148-04 35th Ave, Flushing, NY 11354

    0beds
    0baths
    --sqft
    Unimproved Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $522/sqft
    $-- HOA

    What's special

    Adjacent mixed-use buildings
    This offering consists of a package of 3 adjacent mixed-use buildings with substantial redevelopment potential, located in the heart of Downtown Flushing one of Queens fastest-growing neighborhoods. The subject property sits in an R7-1 zoning district with an FAR of 4.8, making it a prime development site for future residential expansion or repositioning. Currently, all 6 free market residential units are leased at more than 20% below market rent, offering investors a clear value-add opportunity through rental adjustments. With stable tenancy, underutilized income, and long-term development upside, this asset offers both immediate cash flow and significant future growth potential. As part of a 3-building package, this is a rare opportunity to acquire a strategic footprint in a high-demand urban core with strong connectivity and sustained market momentum.
    60 days
    on Zillow
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    45
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    3
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