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42-62 157th Street

Flushing, NY 11355
  • $5,600,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 3574137
UPDATED: 174 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 Keller Williams Realty NYC Group. Data last updated: 2024-12-04T14:17:43.463.
www.padernachtrealestate.com/homes/153949075
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42-62 157th Street Flushing, NY 11355

  • Price: $5,600,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 174 min ago
  • MLS #: 3574137
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1928
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
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 Overhead Door 0

Interior Features

Heating Natural Gas

Property Features

MLSArea Minor 12 Property Sub Type Mixed Use Sewer Public Sewer Tax Annual Amount 59949 Tax Annual Amount1 59949 Zoning Description R4A

Listing courtesy of Deirdre 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 Keller Williams Realty NYC Group. Data last updated: 2024-12-04T14:17:43.463.
 
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Keller Williams Realty NYC Group
2300 Eastchester Road
Bronx NY, 10469