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142-28 38th Ave

Mixed Use | 64,286 SF

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Active

Asking Price: $22,000,000
Address 

142-28 38th Ave, Flushing, NY 11354

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Date Added
Mar 11, 2025
Days on Market
100 days
Time Since Last Update
92 days

Details

Property TypeMixed Use
SubtypeCommunity Facility, Parking, Retail
Square Footage64,286
Stories11
ZoningRB. C2-2
Lot Size (sq ft)9,909
Parking (spaces)47
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Marketing Description

Kassin Sabbagh Realty (KSR) is exclusively marketing the mixed-use property at 142-28 38th Avenue in Flushing, Queens.​ This 11-story building encompasses approximately 53,225 square feet, featuring 23 residential units, four commercial units, and 47 parking spaces.​ The residential units offer modern amenities, including wood flooring, granite countertops, stainless steel appliances, and in-unit washer/dryers.​ The ground floor retail space boasts 22-foot ceilings with a mezzanine, providing an ideal setting for commercial ventures.​ Situated in the heart of Downtown Flushing, the property benefits from high foot traffic and proximity to numerous dining, shopping, and entertainment options.​ Notable nearby establishments include Bodyrok Pilates, Starbucks, Equinox, SoulCycle, Chipotle, The Ned, Sweetgreen, The Ritz, Moxy Chelsea, and Cava.​ This property presents a prime opportunity for investors seeking a high-traffic location with strong neighborhood tenancy.​

Investment Highlights


  • Retail (Ground Floor)
  • ​9,809 SF
  • ​Frontage: 50'
  • ​Ceiling Height: 22'
  • ​Asking: $5,000,000
  • Community Facility (2nd Floor)
  • ​7,396 SF
  • ​Frontage: 50'
  • ​Asking: $4,000,000
  • 23 Unit Residential (4th-11th Floor)
  • ​31,000 SF
  • ​Asking: $15,000,000
  • 47 Parking Spaces (Cellar & Subcellar)
  • ​12,789 SF
  • ​Asking: $3,000,000

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