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MLS ID KEY1044524Last updated Oct 15, 2026

Triplex

131-44 40th Road

Active · Queens, NY 11354

Asking price$2,199,000Request a Showing
Bedrooms
8 Beds
Bathrooms
8 Baths
Year built
2007
Est. monthly taxes
$2,428.58
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About this home

Prime Location! Mix-Use Building Situated in the Heart of Downtown Flushing. Completed in 2007. Building Size: Approximately 5007 Sqft. Lot Size: 20*60. This Building Feature 3 Commercial Unit and 3 Residential Units. Great Income. With its prime location, stable rental income, and favorable zoning, 131-44 40th Road presents a compelling investment opportunity. The remaining tax abatement further enhances the property's financial attractiveness. Prospective investors should consider this property for its potential for long-term appreciation and consistent cash flow. Located just steps away from Main Street, the property offers excellent visibility and accessibility. It is conveniently situated near the Main Street subway station and the Long Island Rail Road (LIRR), providing easy transportation options for tenants and customers. The area boasts heavy foot traffic and is surrounded by shopping centers, offices, and residential towers, enhancing the property's appeal to potential tenants. A Must See.

Listing snapshot

Days on site
59 days
Listed on MLS
Aug 29, 2026
Full baths
8
Annual property tax (MLS)
$29,143
Tax year
2026
Listing brokerage
Prime Realty
MLS ID
KEY1044524
Last updated
Oct 15, 2026

General features

Property type
Triplex
Year built
2007
Garage
No
Parking
None
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Interior features

Basement
Finished, Full, Walk-Out Access
Heating
Natural Gas
Cooling
None
Interior
Open Floorplan

Exterior features

Construction materials
Brick

Schools (MLS)

Elementary school
Ps 21 Edward Hart
Elementary school district
Queens 25
Middle school
Jhs 189 Daniel Carter Beard
Middle school district
Queens 25
High school
Flushing High School
High school district
Queens 25

School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. Listing updated from MLS
  2. Price changed to $2,199,000
  3. First seen on this site
  4. MLS status changed

Location

Queens, NY 11354Show interactive map
131-44 40th Road

Queens, NY 11354

Google Maps directions

Listing data is supplied by the MLS and may change without notice.