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140-42 31 Drive, Flushing, NY 11354

Flushing
Local realty services provided by:CENTURY 21 Kafcos Realty
140-42 31 Drive,Flushing, NY 11354
$1,465,000
  • 7 Beds
  • 4 Baths
  • 1,848 sq. ft.
  • Multi-family
  • Active
Listed by: shan yi yip
Office: grand brilliant realty ny inc
MLS#:1040186
Source:OneKey MLS

Price summary

  • Price:$1,465,000
  • Price per sq. ft.:$792.75

About this home

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.

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Home facts

  • Year built:2002
  • Listing ID #:1040186
  • Added:26 day(s) ago
  • Updated:September 14, 2026 at 11:13 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Hardwood
  • Basement:Yes
  • Basement Description:Finished, Full
  • Living area:1,848 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:2002
  • Building area:1,848 sq. ft.
  • Construction Materials:Brick

Schools

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

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,465,000
  • Price per sq. ft.:$792.75
  • Tax amount:$13,726 (2026)

Features and amenities

  • Amenities:Marble Counters

Parking

  • Parking description:On Street
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID <lastMLSCheckTimestamp>. OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS. LI Member Broker: Greg Kafcos

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