For sale

$1,465,000

140-42 31 drive, Flushing, NY 11354

7beds

1,848sqft

Duplex, Multi Family

Built in 2002

-- sqft lot

$-- Zestimate^®

$793/sqft

$-- HOA

What's special

Beautifully renovated 3-family home conveniently located in Flushing. Completely gut-renovated in 2020. All three units are currently leased to excellent long-term tenants with a perfect payment history. Current gross rental income: $69,000/year. Property taxes are low at just $13,726.45/year. Building size: 1,848 SF. Full basement offers excellent storage or potential for additional finished space (buyer to verify legal use). A great opportunity for investors seeking immediate cash flow with future income potential.

18 hours

231

15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas

Cooling

Wall/Window Unit(s)

Features

Marble Counters, Natural Woodwork, Open Kitchen
Flooring: Hardwood
Basement: Finished,Full,Storage Space
Attic: None
Has fireplace: No

Interior area

Total structure area: 1,848
Total interior livable area: 1,848 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Details

Parcel number: 4441446
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family
Attached to another structure: Yes

Materials

Brick

Condition

Updated/Remodeled
Year built: 2002

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Available, Water Connected

Community & HOA

Location

Region: Flushing

Financial & listing details

Price per square foot: $793/sqft
Annual tax amount: $13,726
Date on market: 8/18/2026
Cumulative days on market: 1 day
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/18/2026	Listed for sale	$1,465,000$793/sqft
Source: OneKey® MLS as distributed by MLS GRID #1040186 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: Flushing

Getting around

93 / 100

Walker's Paradise

65 / 100

Bikeable

Nearby schools

GreatSchools rating

9/10
Ps 214 Cadwallader Colden
Grades: PK-5Distance: 0.1 mi
9/10
Jhs 185 Edward Bleeker
Grades: 6-8Distance: 0.6 mi
3/10
Flushing High School
Grades: 9-12Distance: 0.3 mi

Schools provided by the listing agent

Elementary: Ps 214 Cadwallader Colden
Middle: Jhs 185 Edward Bleeker
High: Flushing High School

Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.