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.
For sale
$1,988,000
140-50 34th Avenue, Flushing, NY 11354
8beds
--sqft
Triplex, Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Front-facing terracesExcellent natural light
- 19 days |
- 574 |
- 27 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Edna Mashaal Realty LLC 516-504-8884,
Edna Mashaal 516-840-8888
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1017015
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric, Separate Meters
Cooling
- Multi Units
Features
- Eat-in Kitchen, Master Downstairs
- Basement: Full
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Terrace
Lot
- Size: 2,292 Square Feet
- Dimensions: 21 x 107
Details
- Parcel number: 049940033
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: See Remarks, Sewer Connected
Community & HOA
Location
- Region: Flushing
Financial & listing details
- Tax assessed value: $2,375,000
- Annual tax amount: $15,867
- Date on market: 6/23/2026
- Cumulative days on market: 20 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $1,988,000+318.5% |
Source:  OneKey® MLS as distributed by MLS GRID #1017015 Report a problem | ||
| 7/24/2009 | Sold | $475,000-1% |
Source: Agent Provided Report a problem | ||
| 9/20/2007 | Sold | $480,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $142,500 +3.2% |
| 2024 | -- | $138,060 +10% |
| 2023 | -- | $125,520 +5.9% |
| 2022 | -- | $118,560 +17.1% |
| 2021 | -- | $101,280 -2.3% |
| 2020 | $13,934 +6% | $103,620 -3.8% |
| 2019 | $13,146 +5.1% | $107,700 +80.1% |
| 2018 | $12,506 +8.8% | $59,784 +6% |
| 2017 | $11,497 +4.2% | $56,401 |
| 2016 | $11,029 | $56,401 +2.8% |
| 2015 | $11,029 +71.9% | $54,859 +6% |
| 2014 | $6,417 | $51,756 +3.9% |
| 2013 | -- | $49,820 +6% |
| 2012 | -- | $47,001 |
| 2011 | -- | $47,001 +2.8% |
| 2010 | -- | $45,716 +6% |
| 2009 | -- | $43,130 +3.9% |
| 2008 | -- | $41,517 +6% |
| 2007 | -- | $39,168 |
| 2006 | -- | $39,168 +2.8% |
| 2005 | -- | $38,097 +6% |
| 2004 | -- | $35,942 +3.9% |
| 2003 | -- | $34,598 +6% |
| 2002 | -- | $32,640 |
| 2001 | -- | $32,640 +2.8% |
| 2000 | -- | $31,748 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Flushing
Nearby schools
GreatSchools rating
- 7/10Ps 21 Edward HartGrades: PK-5Distance: 0.7 mi
- 7/10Jhs 185 Edward BleekerGrades: 6-8Distance: 0.7 mi
- 4/10Flushing High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- Elementary: Ps 21 Edward Hart
- 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.
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A local agent can set up tours, give advice and negotiate with sellers.
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