14808 35th Avenue, Flushing, NY 11354
Local realty services provided by:Better Homes and Gardens Real Estate Green Team



14808 35th Avenue,Flushing, NY 11354
$1,860,000
- 11 Beds
- 6 Baths
- 4,220 sq. ft.
- Multi-family
- Active
Listed by:lei zhu
Office:compass greater ny llc.
MLS#:877461
Source:One Key MLS
Price summary
- Price:$1,860,000
- Price per sq. ft.:$440.76
About this home
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 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.
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Home facts
- Year built:1974
- Listing Id #:877461
- Added:62 day(s) ago
- Updated:July 13, 2025 at 10:46 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:6
- Full bathrooms:6
- Living area:4,220 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1974
- Building area:4,220 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,860,000
- Price per sq. ft.:$440.76
- Tax amount:$26,089 (2024)
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