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142-28 38th Ave - Shirokia Tower
7,396 - 31,000 SF Condo Units Offered at $4,329,600 - $33,193,600 CAD Per Unit in Flushing, NY 11354
EXECUTIVE SUMMARY
Kassin Sabbagh Realty (KSR) is exclusively marketing the mixed-use property at 142-28 38th Avenue in Flushing, Queens. This 11-story building encompasses approximately 53,225 square feet, featuring 23 residential units, four commercial units, and 47 parking spaces. The residential units offer modern amenities, including wood flooring, granite countertops, stainless steel appliances, and in-unit washer/dryers. The ground floor retail space boasts 22-foot ceilings with a mezzanine, providing an ideal setting for commercial ventures. Situated in the heart of Downtown Flushing, the property benefits from high foot traffic and proximity to numerous dining, shopping, and entertainment options. Notable nearby establishments include Bodyrok Pilates, Starbucks, Equinox, SoulCycle, Chipotle, The Ned, Sweetgreen, The Ritz, Moxy Chelsea, and Cava. This property presents a prime opportunity for investors seeking a high-traffic location with strong neighborhood tenancy.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $4,329,600 - $33,193,600 CAD | Building Class | B |
| Unit Size | 7,396 - 31,000 SF | Floors | 11 |
| No. Units | 4 | Typical Floor Size | 5,116 SF |
| Total Building Size | 60,810 SF | Year Built | 2007 |
| Property Type | Multifamily | Lot Size | 0.23 AC |
| Property Subtype | Apartment | Parking Ratio | 0.84/1,000 SF |
| Price | $4,329,600 - $33,193,600 CAD |
| Unit Size | 7,396 - 31,000 SF |
| No. Units | 4 |
| Total Building Size | 60,810 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 11 |
| Typical Floor Size | 5,116 SF |
| Year Built | 2007 |
| Lot Size | 0.23 AC |
| Parking Ratio | 0.84/1,000 SF |
4 UNITS AVAILABLE
Unit Retail
| Unit Size | 9,806 SF | Condo Use | Retail |
| Price | $7,216,000 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $735.88 CAD |
| Unit Size | 9,806 SF |
| Price | $7,216,000 CAD |
| Price Per SF | $735.88 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
2,413 sf mezzanine
Unit Comm Facil
| Unit Size | 7,396 SF | Condo Use | Retail |
| Price | $5,772,800 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $780.53 CAD |
| Unit Size | 7,396 SF |
| Price | $5,772,800 CAD |
| Price Per SF | $780.53 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Outdoor space
SALE NOTES
Rented 10 year lease adult day care
Unit Parking
| Unit Size | 12,788 SF | Condo Use | Retail |
| Price | $4,329,600 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $338.57 CAD |
| Unit Size | 12,788 SF |
| Price | $4,329,600 CAD |
| Price Per SF | $338.57 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Attended parking
Unit Resi
| Unit Size | 31,000 SF | Condo Use | Office |
| Price | $33,193,600 CAD | Sale Type | Investment |
| Price Per SF | $1,070.76 CAD |
| Unit Size | 31,000 SF |
| Price | $33,193,600 CAD |
| Price Per SF | $1,070.76 CAD |
| Condo Use | Office |
| Sale Type | Investment |
DESCRIPTION
Single unit on Eleventh Floor includes outdoor terrace space
SALE NOTES
This listing is used to represent just the residential portion of the building, also for sale.
Breakdown includes:
Fourth Floor - 2,491 SF
Fifth Floor - 2,491 SF
Sixth Floor - 2,491 SF
Seventh Floor - 2,491 SF
Eighth Floor - 2,491 SF
Ninth Floor - 2,491 SF
Tenth Floor - 2,491 SF
Eleventh Floor - 1,625 SF
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 23 | - | 1,300 - 2,694 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- On-Site Retail
- Elevator
ZONING
| Zoning Code | R6, C2-2 (R6 - Medium density residential district) |
| R6, C2-2 (R6 - Medium density residential district) |
Presented by
142-28 38th Ave - Shirokia Tower
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