Rare large-scale mixed-use property located in the heart of Flushing, Queens, offering a combination of existing income-producing uses and potential future redevelopment opportunities.Property Features:2 Street-Level Retail Storefronts1 Commercial Parking Garage3 Office Spaces14 Residential UnitsPotential to reconfigure into approximately Condo/Hotel unitsThe property benefits from a prime Flushing location surrounded by retail, residential, dining, transportation, and other commercial amenities. The combination of substantial scale, multiple existing uses, and potential redevelopment flexibility makes this a notable investment opportunity.Ideal for investors, developers, and owner-users seeking a strategically located property with long-term value potential.All redevelopment, conversion, and unit-count possibilities are subject to zoning, governmental approvals, building requirements, and applicable laws. Buyer to independently verify all information and conduct its own due diligence.
135-07/11 40th Road | MLS# 1052685
This commercial property located at 135-07/11 40th Road , Flushing, NY 11354 is currently listed for sale with an asking price of $23,880,000. 135-07/11 40th Road is located within the Queens 25 school district. Search Flushing real estate on scottmitchell.laffey.com today.
Send an email with a link to 135-07/11 40th Road , Flushing, NY 11354.
REQUEST INFORMATIONx
Contact an agent to learn more about 135-07/11 40th Road , Flushing, NY 11354.
GET PRE-APPROVEDx
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/25/2026. The listing information on this page last changed on 09/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/25/2026 1:06:15 AM EST) or OneKey MLS (last updated Fri 09/25/2026 1:04:20 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
135-07/11 40th Road | MLS# 1052685
This commercial property located at 135-07/11 40th Road , Flushing, NY 11354 is currently listed for sale with an asking price of $23,880,000. 135-07/11 40th Road is located within the Queens 25 school district. Search Flushing real estate on scottmitchell.laffey.com today.