140-42 31 Drive, Flushing, NY 11354

Flushing
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
140-42 31 Drive,Flushing, NY 11354
$1,465,000
  • 7 Beds
  • 4 Baths
  • 1,848 sq. ft.
  • Multi-family
  • Pending
Listed by: shan yi yip
Office: grand brilliant realty ny inc
MLS#:1040186
Source:OneKey MLS

Price summary

  • Price:$1,465,000
  • Price per sq. ft.:$792.75

About this home

Beautifully renovated 3-family home conveniently located in Flushing. Completely gut-renovated in 2020. All three units are currently leased to excellent long-term tenants with a perfect payment history. Current gross rental income: $69,000/year. Property taxes are low at just $13,726.45/year. Building size: 1,848 SF. Full basement offers excellent storage or potential for additional finished space (buyer to verify legal use). A great opportunity for investors seeking immediate cash flow with future income potential.

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Home facts

  • Year built:2002
  • Listing ID #:1040186
  • Added:50 day(s) ago
  • Updated:October 08, 2026 at 08:47 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Hardwood
  • Basement:Yes
  • Basement Description:Finished, Full
  • Living area:1,848 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:2002
  • Building area:1,848 sq. ft.
  • Construction Materials:Brick

Schools

  • High school:Flushing High School
  • Middle school:Jhs 185 Edward Bleeker
  • Elementary school:Ps 214 Cadwallader Colden

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,465,000
  • Price per sq. ft.:$792.75
  • Tax amount:$13,726 (2026)

Features and amenities

  • Amenities:Marble Counters

Parking

  • Parking description:On Street
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