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MLS ID KEY1052685Last updated Sep 25, 2026

Mixed Use

135-07/11 40TH Road

Active · Queens, NY 11354

Asking price$23,880,000Request a Showing
Est. monthly taxes
$26,899.5
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About this home

Rare large-scale mixed-use property located in the heart of Flushing, Queens, offering a combination of existing income-producing uses and potential future redevelopment opportunities.Property Features: 2 Street-Level Retail Storefronts 1 Commercial Parking Garage 3 Office Spaces 14 Residential Units Potential to reconfigure into approximately Condo/Hotel units The property benefits from a prime Flushing location surrounded by retail, residential, dining, transportation, and other commercial amenities. The combination of substantial scale, multiple existing uses, and potential redevelopment flexibility makes this a notable investment opportunity. Ideal for investors, developers, and owner-users seeking a strategically located property with long-term value potential. All redevelopment, conversion, and unit-count possibilities are subject to zoning, governmental approvals, building requirements, and applicable laws. Buyer to independently verify all information and conduct its own due diligence.

Listing snapshot

Days on site
34 days
Listed on MLS
Sep 24, 2026
Annual property tax (MLS)
$322,794
Tax year
2026
Listing brokerage
E Realty International Corp
MLS ID
KEY1052685
Last updated
Sep 25, 2026

General features

Property type
Mixed Use
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Connected

Interior features

Heating
Baseboard
Cooling
None

Exterior features

Construction materials
Brick

Schools (MLS)

Elementary school district
Queens 25
Middle school district
Queens 25
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. First seen on this site
  3. MLS status changed

Location

Queens, NY 11354Show interactive map
135-07/11 40TH Road

Queens, NY 11354

Google Maps directions

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