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42-62 157th Street

Flushing, NY 11355
  • $5,600,000
  • STATUS: Active
  • ON SITE: 111 Days
  • MLS #: L3574137
UPDATED: 145 min ago
$5,600,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:
Area:

School Ratings & Info

Description

Solid Brick Legal 35 Unit Apartment Building in the Heart of Flushing! Excellent Investment Property and Ideal 1031 Exchange! 17 (1 Bedroom Apartments), 16 (Studios), 2 (Two Bedroom Apartments).Annual income $446,900 (including Rooftop Antenna $6,600). Annual Net Income 276,393 & CAP 4.93%. Well Maintained Building- Utility Rm in Bsmt, NEW Roof (5 Years). Very Convenient to Flushing Main Street- Transportation Q12, N20, Q65, Q27 and LIRR Murray Hill & Broadway 2 stations, & Shopping!

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© 2024 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: 2024-12-12T00:17:17.937.
www.nicoleburkehomes.com/homes/153949075
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42-62 157th Street Flushing, NY 11355

  • Price: $5,600,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 145 min ago
  • MLS #: L3574137
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1928
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Solid Brick Legal 35 Unit Apartment Building in the Heart of Flushing! Excellent Investment Property and Ideal 1031 Exchange! 17 (1 Bedroom Apartments), 16 (Studios), 2 (Two Bedroom Apartments).Annual income $446,900 (including Rooftop Antenna $6,600). Annual Net Income 276,393 & CAP 4.93%. Well Maintained Building- Utility Rm in Bsmt, NEW Roof (5 Years). Very Convenient to Flushing Main Street- Transportation Q12, N20, Q65, Q27 and LIRR Murray Hill & Broadway 2 stations, & Shopping!
Exterior Features

Cross Street 42 Ave Pool Private YN No

Interior Features

Basement YN No Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 0

Property Features

Additional Fees 0.00 Additional Fees YN No Additional Parcel YN No Association YN No Heating Natural Gas Lot Size Area 7405 Lot Size Dimensions 60x123.42 Seasonal YN No Sewer Public Sewer Spa YN No Tax Annual Amount 59949 Zoning R4A

Listing courtesy of Deirdre A. Folan of Keller Williams Rlty Landmark: 718-475-2700
© 2024 OneKey MLS. All rights reserved.


© 2024 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: 2024-12-12T00:17:17.937.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803