Homes for sale - 102-18 37th AVE, Flushing, NY 11368

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Valon Nikci

valon@linknyrealty.com +1(646) 321-9428

$1,349,000

Est. payment - /mo

8 Beds

5 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3541648

Style Other

Bedrooms 8

Full Baths 5

HOA Y/N No

Originating Board onekey2

Rental Info No

Year Built 1931

Annual Tax Amount $35,000

Lot Dimensions 25.02x83.05

Property Sub-Type Quadruplex

Property Description

A mixed-use property presents an unmissable investment in the bustling heart of Corona, Flushing, NY. This robust brick building, blending commercial utility with residential charm, stands as a testament to strategic property. It features 1 retail unit currently occupied by a florist and 4 occupied residential units that are rent stabilized, each offering spacious 2-bedroom apartments. This mix ensures a steady flow of income from diverse sources. Proximity to the No. 7 Train Station makes this property a convenient living space for commuters and an attractive spot for retail business, driving foot traffic and tenant demand. With a cap rate higher than 5.3 and low tax obligations, the financials of this property are as appealing as its physical attributes. This property is not just a place but a potential powerhouse of profitability.

Location

State NY

County Queens

Rooms

Basement None

Interior

Heating Hot Water, Natural Gas

Fireplace No

Exterior

Parking Features None

Private Pool No

Building

Lot Description Near Public Transit, Near Shops

Water Public

Structure Type Brick

Schools

Middle Schools Corona Arts And Sciences Academy

High Schools Newtown High School

School District Queens24

Others

Senior Community No

Special Listing Condition None

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Listed by Daniel Gale Sothebys Intl Rlty

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Valon Nikci

+1(646) 321-9428

CEO & Principal Broker | License ID: 10991208180

CEO & Principal Broker License ID: 10991208180

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102-18 37th AVE Flushing, NY 11368

Valon Nikci

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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102-18 37th AVE