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4501 Utopia Pkwy, Flushing, NY, 11358

3beds
2baths
0sqft
$1,299,000
--price/sqft
$7,910/moest. monthly cost
$316,400/yrincome needed

About This Home

Rare opportunity to own a detached 1925-built residence on a high-visibility 3,017 sq. ft. corner lot along Utopia Parkway in a highly sought-after Flushing neighborhood. This property offers a blank canvas for investors or end-users seeking a value-add project with strong upside potential. The first floor features a 2-bedroom, 1-bath layout with an eat-in kitchen, while the second floor offers a 1-bedroom, 1-bath unit. A full, partly finished basement includes laundry hookups, a utility sink, and ample storage. Exterior highlights include a private side driveway, garden space, and durable vinyl siding. Ideally located just steps from multiple bus lines and within walking distance to the Auburndale LIRR, making it a commuter's dream. The property requires TLC and is being sold as-is, presenting an excellent opportunity to renovate and build immediate equity. Per the owner's request, all inquiries and offers must be submitted through the listing agents.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

4/10
Ps 107 Thomas A DooleyGrades PK-50.4 mi
7/10
Is 25 Adrien BlockGrades 6-80.7 mi

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Masonry Siding,Stone Siding,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Microwave,Oven

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood,Tile
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Zoned
  • Cooling features: Zoned

Interior Area

  • Total structure area: 612

Kitchen

  • Features: Eat-in Kitchen,Laminate Counters

Property

Details

  • Parcel number: 055270036.
  • Lease amount: 0

Features

  • Stories: 2
  • Patio & porch: Enclosed Porch
  • Exterior features: Garden,Corner
  • Fencing: Fenced
  • Frontage length: 0

Lot

  • Lot size: 3,017 sqft
  • Features: Corner,Trees,Near Bus,Near Train

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
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 $6,568$78,816
Home Insurance *$285$3,420
Property Taxes $811$9,732
Electricity $246$2,954
Total$7,910$94,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$271,200/yr
40% on housing$237,300/yr
45% on housing$210,933/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 11358$681
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11358$727
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)

Price History

DateEventPrice
2026-04-02Price change$1,299,000
2023-12-14Listed for sale$1,290,000
2022-10-01Listing removed--
2022-05-27Listed for sale$1,500,000
2013-05-21Sold$610,000
2000-08-23Sold$225,000

For Sale by Agent

AgentEric Li
BrokerageEAST COAST NEW YORK

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