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For sale
  • $1,349,000

    102-18 37th Avenue, Flushing, NY 11368

    8beds
    --sqft
    Quadruplex, Multi Family
    Built in 1931
    -- sqft lot
    $1,344,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    188 days
    on Zillow
    |
    238
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: December 04, 2024 at 02:51pm

    Listing by:

    Daniel Gale Sothebys Intl Rlty 516-627-4440,

    Rosalyn Meyer 516-708-9022

    Source: OneKey® MLS,MLS#: L3541648MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 102-18 37th Avenue.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 5
    Other
    • Description: Retail Store
    • Level: First
    Other
    • Description: 2 two-bedroom units
    • Level: Second
    Other
    • Description: 2 two-bedroom units
    Heating
    • Hot Water
    Features
    • Has basement: No
    • Attic: See Remarks
    • Has fireplace: No

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 2,078 Square Feet
    • Dimensions: 25.02 x 83.05
    • Features: Near Public Transit, Near Shops
    Details
    • Parcel number: 017680012

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1931

    Utilities & green energy

    • Gas: Separate Gas Meters: 3
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Corona

    Financial & listing details

    • Annual tax amount: $35,000
    • Date on market: 4/4/2024
    • Listing agreement: Exclusive Right To Sell
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