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42-62 157th Street

Flushing, NY 11355
  • $5,600,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 3574590
UPDATED: 201 min ago
$5,600,000
  • 21
    BEDS
  • 0.17
    ACRES
  • 35
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:
Area:

School Information

High School:
School District:

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 Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2024-10-10T00:18:32.703.
www.greathudsonvalleyhomes.com/homes/154124290
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42-62 157th Street Flushing, NY 11355

  • Price: $5,600,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 201 min ago
  • MLS #: 3574590
21
Beds
35
Baths
0
½ Baths
0.17
Acres
1928
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
Middle School:
Jhs 189 Daniel Carter Beard
High School:
Flushing High School
School District:
Queens 25
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

Architectural Style Other Attached Garage YN No Construction Materials Brick Cross Street 42 Ave Parking Features On Street Property Attached YN No

Interior Features

Basement Details Full Common Walls No Common Walls Cooling None Cooling YN No Fireplaces Total 0 Heating Natural GasHot Water Hot Water On Demand Number Of Kitchens 35 Rooms Total 90

Property Features

Lease Considered YN No MLSArea Minor 12 New Construction YN No Number Of Separate Electric Meters 35 Number Of Separate Gas Meters 35 Property Condition Very Good Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 59949 Tax Annual Amount1 59949 Water Source Public

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 Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2024-10-10T00:18:32.703.
 
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