by RH Advisors

Check Availability
$5,599,000
● House - For Sale

43-41/45 Burling Street

New York, NY 11355
bedrooms
Studio
bathrooms
0 Bath
square feet
1,160 Ft²
$28,905
Est. Monthly

About This Property

An exceptional development opportunity featuring two adjacent lots totaling approximately 16,000 square feet, ideally situated in the highly desirable heart of Downtown Flushing. The property consists of two separate lots: one with an existing ranch-style home and the other consisting of vacant land. Plan A – Multifamily Residential Development: Potential to develop five separate three-family residential buildings, each with a proposed building footprint of approximately 20' x 70'. Plan B – Mixed-Use Development: Potential to develop a community facility combined with parking and residential use, offering up to approximately 24,000 buildable square feet, subject to applicable zoning regulations and approvals. Conveniently located near shopping centers, restaurants, supermarkets, public transportation, and other neighborhood amenities. All information, including but not limited to property taxes, lot dimensions, zoning, floor area ratio (FAR), permitted uses, buildable square footage, and development potential, is provided for informational purposes only and is not guaranteed and should be independently verified by the purchaser.
Unit Size
1,160 Ft²
Days on Market
2 days
Land Size
0.37 acres
Price per sqft
$4,827
Property Type
House
Property Taxes
$1,413
HOA Dues
-
Year Built
1920

Listed By

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Last updated: 16 hours ago (OneKey MLS #KEY1062902)

Price History

Date / Event Date Event Price
Oct 15, 2026 Listed by H N L Realty Inc $5,599,000
Listed by H N L Realty Inc
Feb 26, 2026 No longer available -
No longer available
Aug 26, 2025 Listed by H N L Realty Inc $5,990,000
Listed by H N L Realty Inc
Flushing downtown R4 development lot with size of 16000 SF, 2 Lots together. DOB Approved Residential FAR 1.5 - 24000 SF Community Facility FAR 0.4 - 6400SF. Water table is at least 35 feet based on the boring test. Every-thing is subject to consultation with your architect.
Aug 24, 2025 No longer available -
No longer available
Feb 24, 2025 Listed by H N L Realty Inc $5,990,000
Listed by H N L Realty Inc
Flushing downtown R4 development lot with size of 16000 SF. 2 Lots together, Land Value for Sale. DOB Approved Residential FAR 1.5 - 24000 SF Community Facility FAR 0.4 - 6400SF Underground - one level down Community Facility: 7000+ SF Underground parking - 2 levels down full lot Parking spaces: 80 + 13 above ground parking Water table is at least 35 feet based on the boring test. Everything is subject to consultation with your architect.
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Property Highlights

Garage
Parking Details
Has Garage
Has Open Parking
Parking Features: Garage, Parking Lot, Private
Garage Spaces: 10
Interior Details
Interior Features: Other
Appliances: None
Basement: See Remarks
Exterior Details
Square Footage: 1160
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1920
Building Area Units: Square Feet
Construction Materials: Brick
Lot Size Area: 15948
Lot Size Units: Square Feet
Lot Size Acres: 0.37
Lot Size Square Feet: 15948
Tax Lot: 1
Water Source: Public
Financial Details
Tax Annual Amount: $16,955
Utilities Details
Cooling Type: None
Heating Type: Oil, Other
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1920
  • Building Count: 2
  • Floor Count: 1
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 10,833
  • Lot Size Depth Feet: 102
  • Lot Size Frontage Feet: 61
  • Building Depth: 45
  • Building Frontage: 36
  • Gross Building Area: 1,160

    Building Floor Area

  • Residential Building Floor Area: 1,160

    Floor Area Ratio

  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: A2
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: G

Neighborhood

  • Community District: 407
  • City Council District: 20
  • Police Precinct: 109
  • Fire Company: E274
  • Health Area: 1320
  • Sanitation District Borough: 4
  • Sanitation Subsection: 1D
  • School District: 25

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 5198
  • Lot: 2
  • Borough Block Lot: 4051980002

    Address

  • Full Address: 43-41 Burling Street
  • Zip Code: 11355

Valuation

    Assessments Valuation

  • Assessed Total Value: $75,300
  • Assessed Land Value: $30,360

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeastern Queens


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Frequently Asked Questions

When was property at 43-41 Burling Street built and last sold?
The property at 43-41 Burling Street was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 43-41 Burling Street is $5,405,099.
What are some comparable homes to 43-41 Burling Street?
There are currently no comparable homes to 43-41 Burling Street.