Philip Laffey
Philip Laffey
Call: (516) 359-1489
Text: (516) 359-1489
MLS#1017015
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens 25
Property Description
RARE 3-FAMILY LEGAL PROPERTY IN PRIME FLUSHING LOCATION. Outstanding investment opportunity with excellent rental income potential. Ideal for investors or owner-occupants seeking strong rental potential. The vacant first-floor unit features 2 bedrooms, 1.5 baths, and direct access to a private garden-perfect for immediate occupancy or market-rate rental. The second and third floors each offer spacious 3-bedroom, 1.5-bath apartments with front-facing terraces, providing excellent natural light and outdoor space. - Full Basement - Three separate electric meters - each unit with its own thermostat. Perfect for an owner-occupant looking to offset expenses while generating substantial rental income, or for investors seeking a high-demand multifamily asset .Conveniently located near shopping, restaurants, schools, parks, and public transportation. A versatile property with outstanding income potential and long-term value in one of Queens' most sought-after neighborhoods.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Multi Units
Heating: Electric, Separate Meters
Lot Size: 0.05 Acres
Taxes: $15,867
Year Built: 1975
Amenities
Eat-in Kitchen
Master Downstairs
Feature Descriptions
Days on Site: 23
Exterior: Brick
Heating Zones: 3
Lot Dimensions: 21X107
On Market Date: 2026-06-23
Parcel Number: 04994-0033
Parking Features: Driveway
Parking Total: 2
Patio And Porch: Terrace
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 3
Sewer: Public Sewer
Units: 3
Utilities: See Remarks, Sewer Connected
Water: Public
Local Schools
High School: Flushing High School
Middle School: Jhs 185 Edward Bleeker
Elementary School: Ps 21 Edward Hart
School District: Queens 25
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Estimated Payment
$ 6,326.51 per month $4,424.43 Principal & Interest $1,322.25 Property Tax $579.83 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Edna Mashaal Realty LLC
Agency Contact: 516-504-8884
Shown By
Agent Name: Philip Laffey
Agent Phone: (516) 359-1489
Agency Title: Laffey Real Estate
140-50 34th Avenue | MLS# 1017015
This multi-family property located at 140-50 34th Avenue, Flushing, NY 11354 is currently listed for sale with an asking price of $1,988,000. 140-50 34th Avenue is located within the Queens 25 school district. Search Flushing real estate on philiplaffey.laffey.com today.