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For sale
  • $1,890,000

    131-56 41st Ave, Flushing, NY 11355

    8beds
    --sqft
    Loading
    Duplex, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    272 days
    |
    190
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sweet Key Realty Group Inc 347-323-2443,

    Qun D. Lin 347-323-2443,

    Kayla Piao 917-292-1818,

    Sweet Key Realty Group Inc

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 923510MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard
      Cooling
      • Wall/Window Unit(s)
      Features
      • Eat-in Kitchen
      • Basement: Finished
      • Attic: Finished,Full
      • Has fireplace: No

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Garage
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Details
      • Parcel number: 050630003
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Frame
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Location
      • Region: Flushing

      Financial & listing details

      • Tax assessed value: $1,961,000
      • Annual tax amount: $7,584
      • Date on market: 10/11/2025
      • Cumulative days on market: 219 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/11/2025Listed for sale$1,890,000-9.5%
        Source: OneKey® MLS as distributed by MLS GRID #923510 Report a problem
        9/8/2025Listing removed$2,088,000
        Source: OneKey® MLS as distributed by MLS GRID #873484 Report a problem
        6/4/2025Listed for sale$2,088,000
        Source: OneKey® MLS as distributed by MLS GRID #873484 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $117,660 +19.8%
        2024-- $98,220 -1%
        2023-- $99,240 +2.6%
        2022-- $96,720 +12.6%
        2021-- $85,920 +7.9%
        2020$6,661 +5.8%$79,620 +13.3%
        2019$6,295 +6.3%$70,260 +148.2%
        2018$5,921 +8.1%$28,305 +5.3%
        2017$5,478 +4.3%$26,872
        2016$5,255 $26,872 +2.5%
        2015$5,255 +71.9%$26,224 +5.8%
        2014$3,058 $24,782 +5.1%
        2013-- $23,588 +5.3%
        2012-- $22,394
        2011-- $22,394 +2.5%
        2010-- $21,854 +5.8%
        2009-- $20,652 +5.1%
        2008-- $19,657 +5.3%
        2007-- $18,662
        2006-- $18,662 +2.5%
        2005-- $18,212 +5.8%
        2004-- $17,210 +5.1%
        2003-- $16,381 +5.3%
        2002-- $15,552
        2001-- $15,552 +2.5%
        2000-- $15,177
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Flushing

        Getting around

        95 / 100
        Walker's Paradise
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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