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131-56 41st Ave
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
Comparable price-per-square-foot data is still developing for this home.
- 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
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
Nearby inventory exists, but square-footage or price data is incomplete for a clean median comparison.
Price history is still limited; review again as more market activity becomes available.
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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