Description
Located in the heart of Flushing, 32-22 137th Street is a well-maintained brick building offering strong rental income potential. The property features multiple units, cap rate over 5% with 421a tax exemption until 2032, making it an excellent opportunity for investors seeking steady cash flow. Conveniently situated near public transportation, shopping, dining, and major highways, it provides easy access to Downtown Flushing and LaGuardia Airport. This prime location ensures high demand from tenants and long-term value appreciation.
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Located in the heart of Flushing, 32-22 137th Street is a well-maintained brick building offering strong rental income potential. The property features multiple units, cap rate over 5% with 421a tax exemption until 2032, making it an excellent opportunity for investors seeking steady cash flow. Conveniently situated near public transportation, shopping, dining, and major highways, it provides easy access to Downtown Flushing and LaGuardia Airport. This prime location ensures high demand from tenants and long-term value appreciation.
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-15T13:19:01.697.