132-38 41st Avenue

132-38 41st Ave
Downtown Flushing

$5,880,000
Price
6
Beds
6,946 Sq. Ft.
$847 / Sq. Ft.
6,946
Sq. Ft.
$847
per Sq. Ft.
a view of a brick building with many windows
a bathroom with a toilet sink and mirror
a dining room with furniture and wooden floor
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv

Description

Commerical and residential Building for sale in the heart of Flushing, New York, minutes to main street, as well to the subway, and minutes to the supermarket. The building accommodates 6 families, 6 one-bedroom apartment, and two doctor's clinics. The lower-level and first floor are both doctor's clinics, totaling 3,600 square feet. The lower-level rents for $6,700 per month, and the first-floor rents for $12,000. Monthly rent for the second floor is $6,000. Monthly rent third floor is $3,600 and...Commerical and residential Building for sale in the heart of Flushing, New York, minutes to main street, as well to the subway, and minutes to the supermarket. The building accommodates 6 families, 6 one-bedroom apartment, and two doctor's clinics. The lower-level and first floor are both doctor's clinics, totaling 3,600 square feet. The lower-level rents for $6,700 per month, and the first-floor rents for $12,000. Monthly rent for the second floor is $6,000. Monthly rent third floor is $3,600 and monthly rent for fourth floor is $3,600. There are two one-bedroom and one living room units on each floor, for total of 6 one bedroom and one living room units (it can be raised by 2 and a half floors). There is an Elevator in the lower level to the second floor: Annual rent for the entire building: $383,000. The landlord only provides water, electricity and gas, which the tenants pay for. The average water bill is $1,200 per quarter. Insurance for the entire building is $3,600/year. Property tax is $53,000 per year. We Show Virtual Staging
  1. Listed by Chun Ying (Emily) Chen • Efocus Team Real Estate Inc • 1 Space

Amenities

  • Elevator
  • Laundry in Building
  • Parking Included
  • Lowrise
LISTING UPDATED: 10/30/2025 12:14 PM

Property Details for 132-38 41st Avenue

StatusActive
MLS ID495932
Days on Market93
Taxes$53,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMixed Use
MLS TypeMixed Use
Year Built2002
Lot Size2,100 SF / 21' x 100'
CountyQueens County

Building

132-38 41st Ave

5 Units4 StoriesBuilt in 2002

Location

Listing Courtesy of Efocus Team Real Estate Inc
Add your commute

Building Information for 132-38 41st Avenue

Stories4Residences5Year Built2002Building Size21' x 49'Building Sq. Ft4,116 SFLot Size2,100 SF / 21' x 100'Building Age-Building Type-

Payment Calculator

$33,472 per month

30 year fixed, 6.28% Interest

Principal and Interest

$29,055

Property Taxes

$4,417

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 132-38 41st Avenue

Summary
Location and General Information
  • Block: 5039
  • Number Of Stories: 2
  • Cross Street Name: Main Street
  • Roof: Flat
Parking
  • Parking Attributes: 1 Space
  • Parking Feature Single: Private Drive
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 53000.0
  • Gross Expense: 61400.0
  • Gross Income: $38,300.00
  • Miscellaneous Expense: 0.0
  • Cap Rate: .05%
  • Inventory Expense: 0.0
  • Gross Lease: 0.0
Property
Lot Information
  • Sq Ft Total: 6946
  • Yard: Other
  • Lot Number: 21
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 21
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Hot Water
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler
  • Utility Expense: 0.0
  • Fuel Expense: 0.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished
  • Commercial Features Interior: Other
  • Foundation Details: Block
  • Flooring: Granite, Hardwood, Tile
  • Unit Count: 10
  • Lavatories: 4+
  • Construction Materials: Block
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1029.0
  • Building Length: 49.0
  • Building Type: Attached
  • Building Width: 21.0
Unit 1
  • Unit Category: Store
  • Unit Floor: cellar
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 2
  • Unit Category: Store
  • Unit Floor: 1st floor
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 1F
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 1R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 2F
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 2R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 7
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 3F
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 8
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 3R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 9
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 4F
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Unit 10
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Floor: 4R
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 1 Bedroom
Agent
Agent Information
  • Net Operating Income: 321600.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 3600.0
  • Owner Occupied: Vacant
  • Rent Income: 0.0
  • Rent Income Period: 0

Property History for 132-38 41st Avenue

DateEvent & SourcePriceAppreciationLink
Sep 18, 2025

Listed (Active)

BKMLS #495932

$5,880,000——
Aug 11, 2013

Temporarily Off Market

ONEKEY #2567678

$2,290,000——
Jun 19, 2013

Sold (Public Record)

ACRIS #2013062101145001

$1,740,000

+4.7% / yr

Mar 23, 2013

Listed (Active)

ONEKEY #2567678

$2,290,000——
Jun 28, 2005

Sold (Public Record)

ACRIS #2005070702331001

$1,205,393—
DateEvent & SourcePrice
09/18/2025

Listed (Active)

BKMLS #495932

$5,880,000
08/11/2013

Temporarily Off Market

ONEKEY #2567678

$2,290,000
06/19/2013

Sold (Public Record)

ACRIS #2013062101145001

$1,740,000

+4.7% / yr

03/23/2013

Listed (Active)

ONEKEY #2567678

$2,290,000
06/28/2005

Sold (Public Record)

ACRIS #2005070702331001

$1,205,393

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 132-38 41st Avenue

Taxable ValueLand$118,800Additions$471,150Total$589,950
Tax Record2025$65,945 ($5,495 / month) Tax Class2ATax Rate12.5%
Home Facts
Total Finished SqFt6,946 SqFtLot Size2,117 SqFtYear Built2002ZoningR6APN4050390021

Schools near 132-38 41st Avenue

This home is within New York City Geographic District #25.
Rating
School
Type
Grades
Distance
P.S. 20 John Bowne
Public - PK to 5
Jhs 189 Daniel Carter Beard
Public - 6 to 8
John Bowne High School
Public - 9 to 12
College Point Collaborative
Public - 6 to 8
Rating
School
Distance
P.S. 20 John Bowne
PublicPK to 5

Jhs 189 Daniel Carter Beard
Public6 to 8

John Bowne High School
Public9 to 12

College Point Collaborative
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 132-38 41st Avenue, Downtown Flushing

132-38 41st Avenue is a mixed use property for sale in Downtown Flushing. This property was listed for sale on September 18, 2025 by Efocus Team Real Estate Inc, it's currently listed at $5,880,000. It has been on the market for a total of 93 days and was last sold on June 19, 2013. This listing's school district is New York City Geographic District #25. Nearby schools include P.S. 20 John Bowne, Jhs 189 Daniel Carter Beard and John Bowne High School. 132-38 41st Avenue is a 6-bed, 8-bath, 6,946 sqft mixed use property built in 2002.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Efocus Team Real Estate Inc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.