1. New York
2. Flushing
3. 14808 35th Avenue

14808 35th Avenue, Flushing, NY 11354

• 11 beds |
• 6 baths |
• 4,220 sqft

Property Description

This offering consists of a package of 3 adjacent mixed-use buildings with substantial redevelopment potential, located in the heart of Downtown Flushing—one of Queens’ fastest-growing neighborhoods. The subject property sits in an R7-1 zoning district with an FAR of 4.8, making it a prime development site for future residential expansion or repositioning. Currently, all residential units are leased at more than 20% below market rent, offering investors a clear value-add opportunity through rental adjustments. With stable tenancy, underutilized income, and long- term development upside, this asset offers both immediate cash flow and significant future growth potential. As part of a 3-building package, this is a rare opportunity to acquire a strategic footprint in a high-demand urban core with strong connectivity and sustained market momentum.

Listing Status:

Active

Listing Office:

Compass Greater NY LLC : 917-569-8850

MLS ID:

877461

Interior

• General: First Floor BedroomFirst Floor Full Bath
• Basement: Full
• Flooring: Wood
• A/C: Multi Units
• Heating: Natural Gas

Exterior

• Parking: Parking spaces: 1

Location

• Originating MLS: onekey2
• County: Queens

Lot

• Zoning: 05005-0134

Utilities

• Utilities: Cable ConnectedElectricity ConnectedNatural Gas Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2

This listing courtesy of Compass Greater NY LLC