Prime Downtown Flushing Development Site 136-25 41st Ave Lot | Terrain commercial | 0,04 ha | À vendre | 7 638 789 € | Flushing, NY 11355

Part 1. Executive Summary
A once-in-a-generation opportunity has emerged in the heart of Downtown Flushing: 136-25 41st Avenue – a premier development site with approved plans already in place. Measuring 50 ft x 89.83 ft x101.4 lot(4779sq. ft.), this property is zoned C4-3, making it one of the few remaining parcels in this rapidly evolving neighborhood with the potential to shape the skyline of Flushing.
The approved architectural plans envision a vibrant mixed-use development, combining hotel rooms, residential condominium units, and commercial space. This unique combination positions the site to address three of Flushing’s most dynamic markets: hospitality, residential, and retail.
This offering is far more than a parcel of land—it’s an invitation to become part of Flushing’s transformation into a global destination. The development potential, combined with its prime location steps from Main Street, SkyView Center, the 7 Train, and the LIRR, only one minute away ensures that this property will not only be profitable but also iconic.
Part 2. Location Advantage
Flushing: New York’s Rising Star
Flushing has evolved from a local neighborhood into an international hub of commerce, culture, and community. Today, it stands as New York City’s third-largest commercial district, behind only Midtown Manhattan and Downtown Brooklyn, and is widely regarded as the epicenter of Asian business in America. This surge of growth has created insatiable demand for housing, hospitality, and commercial space.
Transportation Hub
The site is located just steps away from Main Street Station, the terminal for the 7 Train, which provides a direct connection to Grand Central Terminal and Times Square. The Long Island Rail Road (LIRR) is also within easy reach, linking Flushing to Long Island’s affluent communities and beyond. Multiple MTA bus lines converge here, making it one of the most accessible neighborhoods in New York City.
Surrounding Amenities
Within a short walk, the area offers SkyView Center, a major retail complex with brands like Target, Nike, and Uniqlo, as well as an array of banks, Chase TD bank, Citi bank, EastWest bank, Royal bank,supermarkets, restaurants, and entertainment venues. This high-density, high-traffic environment ensures that any development here will benefit from a constant flow of locals, tourists, and commuters.
Cultural and Economic Powerhouse
Flushing is more than a commercial hub—it’s a cultural landmark. Known for its vibrant culinary scene, diverse population, and deep-rooted community, Flushing attracts millions of visitors annually. With planned infrastructure improvements and ongoing private investment, the neighborhood is set to grow even further, making this site’s location even more valuable over time.
Part 3. Property Overview
Lot Size & Dimensions: The property measures 50 feet in width by 89.83 feet in depth, providing 4,778.7 square feet of buildable land.
Zoning: Classified as C4-3, this zoning designation allows for a mix of commercial and residential uses, making it ideal for projects that combine retail, hospitality, and multifamily residential units.
Approved Plans: The property comes with fully approved architectural plans, significantly shortening development timelines and reducing risk for buyers. The plans outline:
30 boutique hotel rooms
10 residential condominium units
3,000+ sq. ft. of prime ground-floor commercial space
This pre-approved design reflects market demand and urban planning foresight, making it an immediately actionable investment.
Development Potential: With its zoning and existing entitlements, the site is poised for a landmark project that meets the needs of Flushing’s booming population, growing tourism industry, and expanding commercial sector.
Part 4. Market Analysis
Hospitality Demand
Flushing’s hotel market has experienced remarkable growth in the past decade. With JFK and LaGuardia airports nearby, a steady influx of tourists, business travelers, and visiting families drives consistent hotel occupancy rates. The approved 30-room boutique hotel taps into this demand, offering a unique lodging option in an area hungry for accommodations.
Residential Market
The residential demand in Flushing is extraordinary. Young professionals, families, and international investors are drawn to the neighborhood for its transportation access, cultural amenities, and strong schools. Residential condos in Flushing have seen steady appreciation in value, making the proposed 10-unit condominium component highly attractive for both end-users and investors.
Retail and Commercial Space
Flushing’s retail corridors are some of the busiest in New York City, with a blend of local businesses and global brands. The 3,000+ sq. ft. of planned commercial space on this site will attract premium tenants looking to secure a high-visibility location with heavy foot traffic.
Part 5. Development Potential
This site’s approved plans already set the stage for a dynamic mixed-use development, but the potential goes beyond the initial concept. The C4-3 zoning offers flexibility for:
Flagship retail spaces that anchor the ground floor
Hospitality partnerships with boutique or branded hotel operators
Upscale condominiums targeting buyers seeking modern living in the heart of Queens
Developers can also explore additional design optimizations or value engineering while staying within the approved framework.
Part 6. Investment Highlights
Rare Opportunity: Land of this quality and location rarely becomes available in Flushing.
Approved Plans in Place: Skip years of entitlement delays and start building immediately.
Triple-Market Appeal: Hospitality, residential, and retail all represented in the approved plan.
Unmatched Location: Steps from transit, SkyView Center, and the Main Street commercial corridor.
Strong Market Fundamentals: Rising demand and limited supply create exceptional upside potential.