$ 5,600,000
42-62 157th ST Flushing, NY 11355
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,600,000
Est. payment /mo
Active
42-62 157th ST Flushing, NY 11355
7,405 Sqft Lot
UPDATED:
09/30/2024 04:11 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3574137
Originating Board onekey
Rental Info No
Year Built 1928
Annual Tax Amount $59,949
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60x123.42
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!
Location
State NY
County Queens
Zoning R4A
Interior
Heating Natural Gas
Fireplace No
Building
Sewer Public Sewer
Others
Special Listing Condition None
Listed by Keller Williams Rlty Landmark • 718-475-2700