$1,988,000
 $10,672 est/mo Sourced by Back At You

140-50 34th Avenue,Flushing, NY 11354

Flushing, NY 11354

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Description

RARE 3-FAMILY LEGAL PROPERTY IN PRIME FLUSHING LOCATION. Outstanding investment opportunity with excellent rental income potential. Ideal for investors or owner-occupants seeking strong rental potential. The vacant first-floor unit features 2 bedrooms, 1.5 baths, and direct access to a private gardenperfect for immediate occupancy or market-rate rental. The second and third floors each offer spacious 3-bedroom, 1.5-bath apartments with front-facing terraces, providing excellent natural light and outdoor space. - Full Basement - Three separate electric meters - each unit with its own thermostat. Perfect for an owner-occupant looking to offset expenses while generating substantial rental income, or for investors seeking a high-demand multifamily asset .Conveniently located near shopping, restaurants, schools, parks, and public transportation. A versatile property with outstanding income potential and long-term value in one of Queens' most sought-after neighborhoods.

Details

MLS #1017015
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1975
Days On Site81
Listing Provided ByEdna Mashaal Realty LLC | Edna Mashaal

Features

Bed(s)8
Bath(s) 6 Total
BasementY
Units3

Interior

CoolingMulti Units
HeatingElectric, Separate Meters
Interior FeaturesEat-in Kitchen, Master Downstairs

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Utilities

UtilitiesSee Remarks, Sewer Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount15867
Tax Lot33

Area Information

StateNY
CountyQueens
CityFlushing
Zip Code11354
School DistrictFlushing High School
Elementary SchoolPs 21 Edward Hart
High SchoolFlushing High School
Listing VS Median (in 11354)
Price:
$1,988,000
low | high
Med:
$691,000
100% of Average
On site:
81
low | high
Med:
133
60.902255639098% of Average
Sourced by Back At You

Market Activity 11354

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Learn More About This Property

StateNY
CountyQueens
CityFlushing
Zip Code11354
School DistrictFlushing High School
Elementary SchoolPs 21 Edward Hart
High SchoolFlushing High School
Listing VS Median (in 11354)
Price:
$1,988,000
low | high
Med:
$691,000
100% of Average
On site:
81
low | high
Med:
133
60.902255639098% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.491M - $2.485M
sqft: 0 - 0
Listing Updated: August 15, 2026 at 2:18:56 AM PDT