Queens County Real Estate Search

Queens County Commercial Properties for Sale

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Newest Queens County Commercial Properties for Sale

$4,200,000
990964 MLS
Ideally positioned in the heart of Flushing, the fully leased multi-family building presents a compelling hybrid investment opportunity that combines stable in-place income with significant upside potential. The property consists of a 16-unit residential building, featuring 14 two-bedroom/one-bath units and 2 one-bedroom/one-bath units, along with four on-site parking spaces, a potential tenant laundry facility, and an on-site superintendent for efficient day-to-day management. All units are fully occupied on a month-to-month basis, with current rents significantly below market, offering immediate value-add potential through strategic repositioning and operational improvements. With no rent control restrictions, the asset provides full flexibility to achieve market rents, supporting a projected conservative cap rate of 6.2% or higher. The property’s location is a key driver of long-term value. Situated just minutes from Downtown Flushing—one of New York City’s most dynamic and rapidly growing commercial hubs—the asset benefits from exceptional access to retail, dining, and employment centers. It is also conveniently located near major transportation options, including the 7 subway line at Main Street, the Long Island Rail Road Flushing–Main Street station, and multiple bus routes, providing seamless connectivity to Manhattan and the greater New York City area. Further enhancing its appeal, the property benefits from R7-1 zoning (3.44 FAR / 4.80 CF FAR), introducing a strong development component. With an estimated buildable potential of approximately 21,000 to 30,000 square feet, investors have a clear path toward increased density or full-scale redevelopment. This is a rare opportunity to acquire a scalable asset in a prime, supply-constrained Flushing location, offering both immediate cash flow growth and long-term development upside.

41-37 Parsons Boulevard, Flushing

$1,399,999
988833 MLS
NEW PRICE– Now $1,399,999! Rare 6-Family Corner Building | $110K+ Income | Vacant Unit at Closing 5 Units Rented + 1 Delivered Vacant | Backyard, Partially Finished Basement & 2-Car Private Driveway ONLY $1,399,999! Don't miss this exceptional opportunity to own a rare 6-family income-producing property in Maspeth, Queens - one of the most desirable and stable rental markets in the borough. Known for its low-density character and strong tenant demand, Maspeth is primarily composed of 1–4 family homes, making a property of this size a rare find. This sunny 3-story corner building offers excellent natural light, strong long-term investment potential, and is currently generating over $110,000 in annual rental income from 5 of its 6 apartments. The 6th apartment is owner-occupied and will be delivered vacant at closing, providing a rare opportunity for an owner-occupant or the potential to further increase rental income and overall cash flow. Property Highlights Price Reduced to $1,399,999 6 Total Apartments 5 Income-Producing Units 1 Unit Delivered Vacant $110,000+ Annual Income Rare 6-Family Building in a Neighborhood Dominated by 1–4 Family Homes Sunny Corner Location with Excellent Natural Light Full Basement Private Backyard Fenced Private Driveway with Parking for 2 Cars min. Convenient Access to Major Highways, Shopping, Restaurants, and Local Amenities Whether you're an investor seeking stable cash flow and long-term appreciation or an owner-occupant looking to offset expenses with rental income, this unique Maspeth property presents a rare opportunity in a highly desirable Queens neighborhood. Price Improvement – Now Offered at $1,399,999. Schedule your private showing today.

5427 Arnold Avenue, Maspeth

$2,175,000
985759 MLS
This Mixed-use investment opportunity is located in the heart of Ridgewood with a cap rat of 7.49%. This well-maintained property features a spacious ground-floor commercial unit currently operating as a neighborhood bar, complete with a large main area, pool table section, and a separate rear room with stage—ideal for live music, private events, and gatherings. The commercial rent is $6,523 per month and increases 3% on each April 1. The lease ends on 3/31/2031. Under that lease, that tenant pays 77% of property taxes, 61% of the water charges and its heat expenses. Above the commercial space on the 2nd floor are two residential apartments providing strong rental income. Apt. 2A features an eat-in kitchen, living room, 2 bedrooms and full bath, currently rented for $2,400/month with lease expiring 8/31. Apt. 2B consists of an Eik, Lr, 3 bedrooms and 1 Full bathroom, currently rented for 3,000/month. This tenant is on a month-to-month lease. Market rent for this unit is $3,800 per month. Both tenants pay their own heat, minimizing owner expenses. Also featuring a full basement, & gas heat. Located in the vibrant Ridgewood section of Queens, known for its blend of residential charm and thriving local businesses, this property offers excellent foot traffic and long-term upside. Convenient access to shopping, dining, and public transportation makes this an attractive option for both commercial and residential tenants. Ideal for investors or owner-users seeking a solid income-producing property in a prime and growing neighborhood.

552 Grandview Avenue, Ridgewood

$248,000
984506 MLS
Restaurant for Sale – Long Island City, NYC Concept: Daytime Coffee, Nighttime Cocktails Annual Revenue: Over $1.3 Million Prime LIC Location: Situated in the heart of Long Island City’s commercial district—just steps from the E, F, and 7 subway lines and surrounded by upscale residential developments, creative offices, and popular dining corridors. Space Details: - Total Area: Approx. 2,420 sq ft, including a stylish basement bar Additional 1,000 sq ft backyard, perfect for outdoor dining or private events - Newly renovated with a fully equipped kitchen and modern bar setup — turnkey and ready to operate immediately Financial Highlights: - Annual Revenue: $1.3M+ - Fully Licensed: Full liquor license (hard liquor permit included) - Profitable, with flexible hours capturing both day and evening crowds Business Model: A seamless dual concept: “Early Coffee” for specialty brews, brunch, and light bites during the day, transforming into “After Alcohol” by night—offering craft beer, creative cocktails, and elevated casual dining. The model effectively doubles customer traffic and maximizes revenue potential across both time periods. Key Features: - Trendy, high-visibility design featured actively on social media - Strong neighborhood following and repeat clientele - Stable and profitable operation with mature branding - Option to retain existing management and staff for an easy ownership transition Ideal Buyer: Perfect for investors or experienced operators seeking a distinctive, thriving turnkey business in NYC’s growing food and beverage scene. Great opportunity for brand expansion or market entry into Long Island City’s booming restaurant landscape.

2308 44th Drive, Long Island City

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.