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31-18 Union Street , Cf-Ca

Flushing, NY 11354
  • $399,000
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 897174
UPDATED: 63 min ago
$399,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2007
County:
Area:

School Ratings & Info

Description

Located in the heart of Downtown Flushing, this community facility unit offers approximately 1,871 square feet of fully built-out interior space and is being sold with a tenant in place, generating immediate and stable rental income. With a high cap rate, this property presents a strong investment opportunity for buyers seeking steady cash flow in a high-demand commercial market. The unit was recently renovated and includes one ADA-compliant bathroom, four independent entrances, large windows that bring in ample natural light, and direct access to a private backyard. The layout is efficient and fully utilized by the current tenant, requiring no additional buildout or renovation from the new owner. Strategically positioned next to the Queens Public Library and surrounded by a dense mix of residential buildings and retail activity, this property benefits from excellent visibility and foot traffic. Convenient access to major highways and bus lines including the Q16, Q44, Q20A, and Q20B ensures ease of transportation throughout Flushing and the surrounding areas. This is a rare, income-producing asset in one of Queens' most active commercial corridorsperfect for investors looking to add a stable performer to their portfolio.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-06T15:19:19.307.
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31-18 Union Street , Cf-Ca Flushing, NY 11354

  • Price: $399,000
  • Status: Active
  • On Site: 121 Days
  • Updated: 63 min ago
  • MLS #: 897174
0
Beds
0
Baths
0
½ Baths
0.08
Acres
2007
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Located in the heart of Downtown Flushing, this community facility unit offers approximately 1,871 square feet of fully built-out interior space and is being sold with a tenant in place, generating immediate and stable rental income. With a high cap rate, this property presents a strong investment opportunity for buyers seeking steady cash flow in a high-demand commercial market. The unit was recently renovated and includes one ADA-compliant bathroom, four independent entrances, large windows that bring in ample natural light, and direct access to a private backyard. The layout is efficient and fully utilized by the current tenant, requiring no additional buildout or renovation from the new owner. Strategically positioned next to the Queens Public Library and surrounded by a dense mix of residential buildings and retail activity, this property benefits from excellent visibility and foot traffic. Convenient access to major highways and bus lines including the Q16, Q44, Q20A, and Q20B ensures ease of transportation throughout Flushing and the surrounding areas. This is a rare, income-producing asset in one of Queens' most active commercial corridorsperfect for investors looking to add a stable performer to their portfolio.
Exterior Features

Construction Materials Other Cross Street 32nd Ave Foundation Details Other Property Attached YN Yes Waterfront YN No

Interior Features

Basement YN No Cooling Electric Elevator YN Yes

Property Features

Annual Rental Income 54000 Building Area Total 1871 Business Type Community Center Heating Natural GasForced Air Lot Size Area 3355 Permitted Uses Office Property Sub Type Office Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 19983.64 Utilities See Remarks Water Source Public Zoning R5D

Listing courtesy of Li Li of B Square Realty: 646-889-9988
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-06T15:19:19.307.
 
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