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Back 148-08 35th Ave
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148-08 35th Ave

New York NY 11354

11
6
1
4220 sq. ft.
2892 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

11 bedrooms
6 bathrooms
1 carspace
4220 sq. ft. floor area
2892 sq. ft. lot size
Duplex

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Local market activity for 11 bedroom duplexes in New York

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Sales:
(619) 566-0008
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