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38-08 Union St #11A, Flushing, NY, 11354

0beds
1baths
3,500sqft
$4,700,000
$1,343price/sqft
$28,197/moest. monthly cost
$1,127,880/yrincome needed

About This Home

Prime commercial office condominium located in the heart of Downtown Flushing. Situated in a highly desirable professional building at 38-08 Union Street, Unit 11A offers approximately 3,500 sqft of functional office space with excellent natural light, elevator access, and a professional business environment. Positioned in one of Queens’ most active commercial corridors, this property offers exceptional convenience with close proximity to Main Street, Northern Blvd, LIRR, subway lines, restaurants, retail, and major highways. The building features a modern lobby, professional management, and strong surrounding business presence. Excellent opportunity for owner-users or investors seeking a premier Flushing office location with long-term upside potential. Rare offering in a high-demand commercial neighborhood. Low-maintenance office condo with strong accessibility and excellent exposure in one of New York City’s most vibrant business districts.

Getting Around

100
WalkingWalker's Paradise
0
TransitVery Limited Transit
69
BikeBikeable

Schools

5/10
Ps 107 Thomas A DooleyGrades PK-51.5 mi
8/10
Is 25 Adrien BlockGrades 6-82.0 mi
3/10
Flushing High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 2014

Type & Style

  • Home type: SingleFamily

Interior

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,500
  • Total interior livable area: 3,500 sqft

Property

Details

  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City,Skyline

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Coastal Flooding
Earthquake
Hurricane
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $23,765$285,180
Home Insurance *$917$11,004
Property Taxes $2,937$35,244
Electricity $578$6,940
Total$28,197$338,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$966,754/yr
40% on housing$845,910/yr
45% on housing$751,920/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,343This listing

vs Other Active Listings

Avg $/sqft

ZIP 11354$461
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11354$674
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-03Listed for sale$4,700,000
2026-03-07Listing removed$4,580,000
2025-09-18Listed for sale$4,580,000
2021-01-13Listing removed--
2020-11-12Listed for sale$4,880,000

For Sale by Agent

AgentXuerong Hou
BrokerageLandmark Property Holdings LLC

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