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Eric Hotaling
erichotaling@kw.com$ 1,948,000
Est. payment | /mo
3,998 Sqft Lot
$ 1,948,000
Est. payment | /mo
3,998 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1034297
Rental Info No
Year Built 1986
Annual Tax Amount $40,302
Lot Size 3,998 Sqft
Acres 0.0918
Property Sub-Type Multi Family
Source onekey2
Property Description
Rare 8-Unit Free-Market Multifamily Investment in Prime Flushing. Lot 40x100, building 24X55 (5280 sqft) Exceptional investment opportunity featuring a fully free-market 8-unit multifamily building with seven 1-bedroom/1-bath apartments, one studio apartment, and a high basement. Stable income with excellent upside potential. Each apartment has separate boilers, gas meters, and tenants pay their own utitlies. . Conveniently located minutes from Downtown Flushing, near shopping, restaurants, banks, SkyFoods Supermarket, Queens Botanical Garden, and Kissena Park. Excellent transportation with easy access to the 7 train, Murray Hill LIRR Station, Q25, Q34, Q44 SBS, Q65 bus lines, and the Long Island Expressway (I-495). A rare opportunity for investors seeking a well-located income-producing property with long-term growth potential. Suitable for a 1031 exchange.
Location
State NY
County Queens
Rooms
Basement See Remarks
Interior
Heating Hot Water, Natural Gas
Cooling Multi Units, Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway, Off Street, Private
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 120
Middle Schools Is 237
High Schools Queens 25
School District Queens 25
Others
Special Listing Condition None
Listed by Skylux Realty Inc • Fei Guo