14920 41st Avenue

Flushing, NY 11355

Calling All Investors, Developers, & End-Users!!! 4 Unit 5,200+ Sqft. Free Market Mixed-Use Restaurant Building In Flushing For Sale!!! The Property Features Excellent Signage, Great Exposure, R5/C1-2 Zoning, High 9’ Ceilings, (2) 1 Br. Apartments, (1) 2 Br. Apartment, Basement, Sprinklers, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Murray Hill Only 3 Blocks Off Northern Blvd. & Only Minutes From I-678 (Whitestone Expy.)!!! Neighbors Include Chase Bank, TD Bank, Citizens Bank, Bank Of America, UPS, Verizon, T-Mobile, CubeSmart Self Storage, AutoZone, Dunkin’, 7-Eleven, YMCA, Enterprise-Rent-A-Car, Mobil, Duane Reade, Baskin-Robbins, Domino’s Pizza, Subway, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Korean BBQ: $72,565.56 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/34. Tenant Pays Half Of The Property Tax. 2nd Floor Front Apt. (1 Br.): $16,800 Ann.; M-M. 2nd Floor Rear Apt. (1 Br.): $20,400 Ann.; M-M. 3rd Floor Apt. (2 Br.): $45,600 Ann.; M-M. 50% Tax Rebate From Store: $12,000 Ann. 70% Water Rebate From Store: $5,400 Ann. Gross Income: $172,765.56 Ann. Expenses: Gas: $0 Ann. Electric: $890 Ann. (Hallway) Maintenance & Repairs: $250 Ann. Water & Sewer: $7,714.29 Ann Insurance: $2,839 Ann. Taxes: $23,642 Ann. Total Expenses: $35,335.29 Ann. Net Operating Income (NOI): $137,430.27 Ann.

Listing courtesy of All Island Estates Realty Corp matthewshane8828@gmail.com


Based on information submitted to the MLS GRID as of 2026-05-24 10:58 PM EDT. 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.