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Executive Summary

Gemini said
Certainly! Here is the revised property description in professional English, suitable for a high-end real estate listing or flyer.
Premium Commercial Opportunity in Flushing
Property Overview
Address: 40-14 157th St, Flushing, NY 11354

Asking Price: $4.6 Million

Property Type: Two-story building with a full basement

Use Code: Community Center

Year Built: 2019 (Modern construction)
Specifications
Building Size: 4,309 sq. ft.

Lot Size: 4,350 sq. ft.

Parking: 10 dedicated spaces

Zoning: R2
Investment Highlights
Strong Income: Current tenant is paying $24,000 per month.

Triple Net (NNN) Lease: Tenant is responsible for Property Taxes, Property Insurance, and all Maintenance fees.

Flexible Terms: Currently on a Month-to-Month lease, offering flexibility for investors or owner-users.

Excellent Location: Situated in a highly desirable and accessible area of Flushing.
Confidentiality & Showings
Strict Confidentiality: This information is strictly confidential.
Do Not Disturb: The current tenant is unaware of the sale. Please do not disturb the tenant or visit the subject property without a scheduled appointment.

Property Facts

Price $4,600,000
Price Per SF $1,067.53
Sale Type Owner User
Sale Condition 1031 Exchange
Property Type Flex
Lot Size 0.10 AC
Rentable Building Area 4,309 SF
No. Stories 2
Year Built 2019
Parking Ratio 1.39/1,000 SF
Opportunity Zone Yes
Zoning R2
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
05275-0036
Land Assessment
$325,800
Improvements Assessment
$316,800
Total Assessment
$642,600
  • Listing ID: 39773445

  • Date on Market: 3/13/2026

  • Last Updated:

  • Address: 4014 157th St, Flushing, NY 11354

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