Prime Mixed-Use Investment Opportunity in Flushing
This exceptional dual-property portfolio offers a rare combination of commercial and residential income streams on bustling Northern Boulevard. The property features 2 street-level retail spaces plus 4 stable residential units, with the added benefit of a full basement, private driveway, and rear parking area. The wide storefront exposure on this major arterial road ensures maximum visibility for commercial tenants.
With an impressively low combined tax burden annually, this C2-2 zoned asset delivers strong cash flow from the upstairs residential units while offering upside potential through commercial lease-ups. The strategic Flushing location and diversified income structure make this one of the lowest-risk investment opportunities in Northern Queens. Ideal for investors seeking a balanced portfolio with both immediate returns and long-term appreciation potential.
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Listing Snapshot
Price
$4,580,000
Days On Site
13 Days
Bedrooms
N/A
Inside Area (SqFt)
4,554 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1925
MLS® Number
855028
Status
Active
Property Tax
$23,346.04
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 weeks ago
Listing first seen on site
2 weeks ago
Listing updated with changes from the MLS®
General Features
Cross Street
Murray St
Number Of Stories
2
Property Sub Type
Mixed Use
Sewer
Public Sewer
SqFt Total
4554
Utilities
See Remarks
Water Source
Public
Interior Features
Basement
Full
Cooling
Wall/Window Unit(s)
Heating
Baseboard
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Exterior Features
Construction Details
Other
Listing courtesy of B Square Realty barbieli@bsquarerealty.com
Based on information submitted to the MLS GRID as of 2025-05-19 11:24 AM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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