3011 Murray Street
About This Property
A rare opportunity to live, work, and enjoy exceptional space all in one property! This beautifully maintained oversized residence, measuring approximately 56' × 35.5', sits on an impressive 9,672 sq. ft. lot. Public records classify the property as a 1-family residence with 1 store or office, creating a unique opportunity for buyers seeking a spacious home together with dedicated professional or business space.
The residence features 5 spacious bedrooms and 4.5 bathrooms across three above-ground levels, plus a fully finished basement with a separate entrance. A beautifully finished attic crafted with rich cherry oak wood provides an impressive additional space ideal for entertainment, recreation, or other flexible uses.
The inviting living room features beautiful hardwood floors and a wood-burning masonry fireplace, creating a warm and elegant atmosphere. The formal dining room flows into a gourmet eat-in kitchen featuring custom cabinetry, quartz countertops, a large marble center island, and premium stainless steel appliances.
Additional highlights include a spacious family room, generous living areas, abundant natural light, quality craftsmanship throughout, and dedicated professional/office space-an exceptional feature for professionals or business owners looking for the convenience of operating close to home. Buyer should independently verify that their intended business or professional use complies with applicable zoning, licensing, and other requirements.
Outside, enjoy a large private backyard with plenty of room for entertaining, gardening, and relaxation, along with a detached two-car garage.
Ideally located just a short walk to the Murray Hill LIRR Station and minutes from Downtown Flushing, with convenient access to shopping, dining, parks, schools, and transportation.
Oversized 9,672 sq. ft. lot, spacious residence, professional/office space, private backyard, and two-car garage-all in a prime Flushing location. A truly rare live/work opportunity and a must-see!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2026 | Listed by E Realty International Corp | $2,180,000 | |
| Listed by E Realty International Corp | |||
| Feb 2, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017