131 44 40 Rd
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.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Tax & Financial Information
Schools
Flushing High School
Assigned school for this home
East-West School Of International Studies
Is 237
Queens Academy High School
Ps 214 Cadwallader Colden
Ps 24 Andrew Jackson
Ps 242 Leonard P Stavisky Early Childhood School
Veritas Academy
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Price change | $2,199,000 |
| 08/29/2026 | Listed for sale | $2,599,000 |
Listed by Shirley Y. Chen · Prime Realty · 7182292922
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.
Last Updated: October 15, 2026 at 10:28 AM | Source: OneKey MLS | MLS#: 1044524
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