RealtyLens
for saleRealtyLens property overview
$1,890,000

131-56 41st Ave

Flushing, NY, 11355
View more Flushing, NY property pages
8Beds
4Baths
N/ASqft
N/A$/sqft

Listing Notes

Developers, builders & investors - an opportunity you can't miss! Prime Downtown Flushing R6 zoning site, nestled in one of Queens' fastest-growing corridors. Just 5 minutes' walk to Main Street, 7 Train, LIRR, multiple bus lines (Q12 / Q13 / Q15 / Q28 / Q58), Skyview Mall, supermarkets, restaurants, and schools. Currently a detached 2-family home generating immediate rental income - live in one unit or lease both for cashflow while planning redevelopment. The property sits on a 26 * 93 ft lot and offers multiple redevelopment options: Ultra-low property tax, no landmark restrictions, and high visibility location surrounded by major new developments. After completion, - a strong, pressure-free ROI in the core of Flushing's vibrant downtown! Ideal for developers, investors, or end users seeking long-term appreciation, excellent transit access, and unbeatable convenience. 0.3 mi to 7 Train (Main St Station) 0.4 mi to LIRR (Flushing Station) - 15 min to Penn Station, Steps to Skyview Center, Target, and Tangram Mall, Near Q12/Q13/Q15/Q28/Q58 bus lines, Easy access to I-495, I-678 & Northern Blvd.

Market Insights

Market comparison pendingN/A

Comparable price-per-square-foot data is still developing for this home.

Nearby median$731/sqft
Nearby properties12
Property sizeN/A
  • 12 nearby properties available for comparison.
  • Price history is limited, so current comps matter more than trend alone.
  • Square footage is missing, so valuation should lean more heavily on comps and condition.

Estimated Monthly Payment

Per month, all-in$12,422/mo

Assumes 20% down, 7.00% APR over 30 years. Tax and insurance are national-average estimates — your lender quote will differ.

  • Principal & interest$10,059
  • Property tax (est.)$1,733
  • Home insurance (est.)$630

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position12 nearby signals

Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessNeeds verification
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
213 days
Last price change
No change recorded
Listed
Oct 11, 2025
Photos
3 photos
Property type
multi family
Status
for sale
Last sold
Dec 11, 2001 · $15,000
Garage
1 space

Features & Amenities

BasementGarage 1 Or MoreRental PropertyShopping

Price History

May 4, 2026Initial record
$1,890,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.