Flushing Homes with Multi Family Subtype

Flushing Homes with Multi Family Subtype

Flushing, a vibrant neighborhood located in Queens, New York, is a fantastic place to call home. With its rich history, diverse community, and convenient location, Flushing offers a unique living experience for residents.

Situated in Queens County, Flushing is known for its bustling streets, bustling markets, and a wide range of cultural offerings. The neighborhood is home to a large Asian population, which contributes to its vibrant food scene and diverse cultural events. From traditional Chinese dim sum to Korean BBQ and Taiwanese bubble tea, Flushing is a food lover's paradise.

One of the unique features of Flushing is its abundance of homes with the Multi-Family subtype. This means that there are many properties available that are designed to accommodate multiple families, making it an ideal area for those looking for investment opportunities or for multi-generational living arrangements. These homes offer the flexibility to have separate living spaces while still being under one roof.

Flushing's convenient location is another major draw for residents. With easy access to major highways and public transportation, commuting to Manhattan or other parts of Queens is a breeze. The neighborhood is also home to Flushing Meadows-Corona Park, a sprawling green space that offers recreational activities, including tennis courts, playgrounds, and the iconic Unisphere.

Whether you're looking for a delicious meal, a cultural experience, or a convenient place to call home, Flushing has it all. With its diverse community, rich history, and abundance of multi-family homes, Flushing is a neighborhood worth considering for your next real estate investment or place to live.

Newest Flushing Homes with Multi Family Subtype

$1,790,000
990345 MLS
Exceptional mixed-use property in the heart of Flushing. This well-maintained building features multiple residential and commercial units in a highly desirable location. Situated in a high-demand area with excellent foot traffic and convenient access to public transportation, shopping, dining, and major thoroughfares, the property offers outstanding convenience for both residential and commercial occupants. Flushing continues to be one of Queens' most vibrant neighborhoods, providing excellent long-term appeal. This mixed-use property presents a unique opportunity for investors or owner-users seeking a versatile asset in a prime location. Property will be delivered subject to existing leases, if applicable.

12214 18th Avenue, Flushing
$3,900,000
1023592 MLS ⋅ 4208 & 4210 BLDG.
Two 3-family-house for sale as a package. Prime location! Mint-condition "663 style" 3-family property. 2019 C of O (25'x40' building size) steps from Sanford Ave, Northern Blvd, and just 0.2 miles to the LIRR. Ideal turnkey investment featuring 4 separate gas and electric meters with fully split utilities across 4 finished levels, split AC/heating units, and a rare front-and-back double-car garage. The layout offers a 1BR/1BA first-floor unit, and two identical 3BR/2BA upper units featuring open-concept kitchens, living rooms, and front/back balconies, plus a full finished open basement with a washer/dryer and outside separate entrance (OSE) to the backyard. Preferably sold occupied with reliable, long-time paying tenants. All information is deemed reliable but not guaranteed.

4208 & 4210 164th Street, Flushing
$2,699,999
1021709 MLS
Opportunity is knocking with this legal 8-family Tudor in the highly sought-after Auburndale neighborhood. This exceptional investment property features six spacious 1-bedroom apartments and two 2-bedroom, 2-bath duplex units, offering strong current income with additional upside potential. The building includes newer boilers and upgraded electrical systems, providing peace of mind for investors. Conveniently located near the Auburndale LIRR station, residents enjoy an easy commute to Manhattan and access to nearby amenities. With an estimated NOI of $135,615 and significant value-add opportunities, this property presents tremendous future potential. Investors may increase income by completing the basement space, where first-floor apartments could potentially be converted into legal duplex units, adding approximately 588 square feet to each apartment, subject to approvals and compliance with NYC zoning and building regulations. Additional basement space may also be utilized for common laundry facilities and tenant storage areas. The property also offers the possibility of conversion back into two 4-family buildings, subject to compliance with NYC zoning and building codes. A rare opportunity to acquire a high-income-producing property with immediate cash flow and long-term growth potential.

190-15 Crocheron Avenue, Flushing
$3,530,000
994642 MLS
Large Six Dwelling House in Prime location of Flushing Center, Newly built Free Market in 2018, No rent control, 4 units with 2 bedrooms and 2 bathrooms, 2 units with 2 bedrooms and 1 bathroom. House size: 37 x 35 square feet 5th floor above ground + fully renovated basement., Annual income potential: $200,000. Investment return rate, and tax reductions extending through 2033. Current local taxes amount to only $2,217 per year. Located in the heart of Flushing, within minutes to Main St., Subway train #7, with easy access to various amenities such as schools, shopping centers, restaurants, and supermarkets. A fantastic opportunity, prime location + high-return investment – perfect for both investment and personal use!

35-09 Leavitt Street, Flushing
$4,200,000
990964 MLS
Ideally positioned in the heart of Flushing, the fully leased multi-family building presents a compelling hybrid investment opportunity that combines stable in-place income with significant upside potential. The property consists of a 16-unit residential building, featuring 14 two-bedroom/one-bath units and 2 one-bedroom/one-bath units, along with four on-site parking spaces, a potential tenant laundry facility, and an on-site superintendent for efficient day-to-day management. All units are fully occupied on a month-to-month basis, with current rents significantly below market, offering immediate value-add potential through strategic repositioning and operational improvements. With no rent control restrictions, the asset provides full flexibility to achieve market rents, supporting a projected conservative cap rate of 6.2% or higher. The property’s location is a key driver of long-term value. Situated just minutes from Downtown Flushing—one of New York City’s most dynamic and rapidly growing commercial hubs—the asset benefits from exceptional access to retail, dining, and employment centers. It is also conveniently located near major transportation options, including the 7 subway line at Main Street, the Long Island Rail Road Flushing–Main Street station, and multiple bus routes, providing seamless connectivity to Manhattan and the greater New York City area. Further enhancing its appeal, the property benefits from R7-1 zoning (3.44 FAR / 4.80 CF FAR), introducing a strong development component. With an estimated buildable potential of approximately 21,000 to 30,000 square feet, investors have a clear path toward increased density or full-scale redevelopment. This is a rare opportunity to acquire a scalable asset in a prime, supply-constrained Flushing location, offering both immediate cash flow growth and long-term development upside.

41-37 Parsons Boulevard, Flushing
$3,388,000
974518 MLS
Eight-family income-producing property with tax abatement in place until 2031 (5 years remaining)

32-24 137TH Street, Flushing
$2,390,000
967758 MLS
Excellent investment opportunity in the heart of Flushing. This well-maintained 8-unit residential building is being sold as a full building sale and is occupied with good, established tenants, providing immediate rental income for the new owner. The property is equipped with 9 gas meters and 9 electric meters, offering convenient utility separation and management. Located on Cherry Avenue, the building enjoys a highly desirable location near downtown Flushing, with easy access to a wide variety of restaurants, supermarkets, shops, and everyday conveniences. Public transportation is readily available, including the 7 train at Flushing–Main Street, the LIRR station, and multiple bus lines, allowing convenient access throughout Queens and into Manhattan. This income-producing property offers strong rental demand and long-term investment potential in one of Queens’ most vibrant and established residential neighborhoods. A great opportunity for investors seeking a stable asset in a prime location.

14205 Cherry Avenue, Flushing
$15,000,000
955315 MLS
Prime Location Center of Flushing 5 Min to LIRR (Murray Station ) There is a bus in Front of the property Convenient to Northern Blvd (Dali Store , Dunkin Donuts Restaurant ,pharmacy) great for investment and development R 7-1 Zoning, Additional information: Business Located At:, Rental Income, Building Size:60125 1bed 27 units, 2bed 27units total 54units all occupied best investments property

35-07 147 Street, Flushing
$2,699,000
947446 MLS
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.

131-44 40th Road, Flushing
$3,480,000
944753 MLS
5 Story Rental Apartment building built in 2015, and located on Haight Street; it consists of A Storefront Commercial Space and 4-Families Mixed-use with 5,354 SqFt. And the building has 19’ of frontage, double height ceilings in the commercial portion, and a usable cellar. This well-positioned property offers Free Market rents, providing a balanced income stream with upside potential. With low operating expenses and an attractive Cap Rate, this asset delivers strong cash flow and long-term value. Don’t miss this turnkey opportunity to add a high-performing asset to your portfolio.

Flushing
$8,250,000
935774 MLS
Prime commercial building for sale located at 150-15 41st Ave in the heart of Flushing. This well-maintained property offers 18,100 sq ft of usable space on a 50×142 lot, featuring a 41×115 building footprint. The property includes a 4,700 sq ft parking garage plus 800 sq ft of storage, providing excellent functionality for a wide range of commercial uses. Zoned R5, the building generates a strong annual income of $550,000 with annual taxes of $87,000. Ideal for investors seeking a high-income asset in a prime location. Asking price: $8.25M.

150-15 41st Avenue, Flushing
$4,280,000
935757 MLS
Prime commercial opportunity in the heart of Flushing! This rare offering features two adjoining storefronts situated on a 30 ft x 100 ft lot with a combined 3,600 SF of building area. Excellent visibility and high foot traffic make this an ideal location for owner-users or investors. The property offers flexible R5B, C2-2 zoning, providing multiple avenues for repositioning, redevelopment, or long-term hold. Current configuration includes a 30 ft x 60 ft structure with various retail uses. Annual taxes approx. $34,142. Centrally located near major transportation, shops, and residential neighborhoods, this is a unique chance to secure a versatile commercial asset in one of Queens’ most active markets.

3528 154th Street, Flushing
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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.