134-40 Blossom Avenue,Flushing, NY 11355
Flushing, NY 11355
Description
Investor Alert! Rare opportunity to acquire a brand-new mixed-use elevator building in the heart of Flushing, featuring a ground-floor retail space, a basement with a separate entrance, and 8 residential units above. Opportunities like this are exceptionally rare in the local market, especially for newly built mixed-use assets with elevator service and long-term investment potential. The property offers a strong and practical configuration for investors, combining street-level commercial visibility with multiple upper-floor residential units in a modern, professionally presented building. The residential units feature contemporary interiors, updated kitchens and bathrooms, modern cabinetry, and clean, functional layouts designed for comfortable everyday living. All units are separately metered for water, electricity, and gas, with utilities paid by the tenants, helping reduce ownership costs and improve operational efficiency. The ground-floor retail space benefits from direct street frontage and strong visibility, while the surrounding residential density supports steady neighborhood demand. With stable rental potential, low-maintenance new construction, and future condo sellout potential, this property is well suited for investors seeking consistent cash flow, long-term appreciation, and multiple exit strategies. Conveniently located near Main Street, the Botanical Garden, and a wide range of established neighborhood amenities, this is a compelling Flushing investment opportunity in one of the area's most active and resilient rental markets.
Details
| MLS # | 970991 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 216 |
| Listing Provided By | B Square Realty | Li Li |
Features
| SQ Feet | 9,798 |
|---|---|
| Basement | Y |
| Story(s) | 5 |
| Zoning | R6 |
| Acreage | 0.06 |
Interior
| Cooling | Electric |
|---|---|
| Heating | Baseboard |
Exterior
| Construction Materials | Block, Brick |
|---|
Utilities
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 1080000 |
| Tax Annual Amount | 42251.44 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | Flushing |
| Zip Code | 11355 |
| Listing VS Median (in 11355) | |
Price: $6,380,000 low | high Med: $629,900 sqft: 9,798 low | high Med: 720 $ / sqft: $651 low | high Med: $875 On site: 216 low | high Med: 128 | |
Market Activity 11355
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Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Flushing |
| Zip Code | 11355 |
| Listing VS Median (in 11355) | |
Price: $6,380,000 low | high Med: $629,900 sqft: 9,798 low | high Med: 720 $ / sqft: $651 low | high Med: $875 On site: 216 low | high Med: 128 | |
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