131-50 40 Road – Flushing Mixed-Use Development Site
Rare 3,500 SF C4-2 development site in Downtown Flushing — 16,800 BSF, steps to the 7 train
Marketing description
Exclusive offering of a boutique mixed-use development opportunity in the heart of Downtown Flushing, Queens. The 3,500 SF lot (50' x 70', C4-2 zoning) allows for approximately 16,800 buildable square feet under the 4.8 Community Facility FAR — ideally suited for a ground-floor medical office with residential units above.
The proposed program contemplates a 3,150 SF ground-floor medical office suitable for a specialty practice, outpatient clinic, or wellness provider, with 13,650 SF of residential space across the floors above, accommodating an estimated 15–18 units. The efficient 50-foot-wide floor plate supports flexible one- and two-bedroom layouts, with potential for private balconies, a rooftop amenity terrace, and elevator service.
Positioned just minutes from the Main Street retail corridor, the 7 Train, LIRR, and numerous medical providers, the site offers a rare opportunity to capitalize on both residential and medical office demand in one of NYC's strongest and fastest-growing submarkets. Opportunities to acquire development sites of this size in Downtown Flushing are increasingly limited.
All zoning, floor area, unit counts, and development scenarios are preliminary and subject to independent verification by purchaser's architect, engineer, and legal counsel.
Please contact me with any further questions: Steve Davis, 646-261-0143, [email protected]
Investment highlights
16,800 SF total buildable area under 4.8 Community Facility FAR
Proposed 3,150 SF ground-floor medical office + 13,650 SF residential above
Potential for 15–18 residential units
C4-2 zoning permits residential, medical office (community facility), and retail uses
Walking distance to Main Street retail corridor, 7 Train, and LIRR
Surrounded by strong medical and residential demand in one of Queens' fastest-growing submarkets
Rare opportunity to acquire a development site of this scale in a supply-constrained market
Please contact me with any further questions: Steve Davis, 646-261-0143, [email protected]
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