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42-62 157th Street

Flushing, NY 11355
  • $5,600,000
  • STATUS: Active
  • ON SITE: 106 Days
  • ID#: L3574590
UPDATED: 59 min ago
$5,600,000
  • 21
    BEDS
  • 0.17
    ACRES
  • 35
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
New York
Type:
Commercial
Built:
1928
County:
Queens
Area:
New York

School Information

Middle School:
Jhs 189 Daniel Carter Beard
High School:
Flushing High School
School District:
Queens 25
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!, Additional information: Appearance:Very Good

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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 Howard Hanna Rand Realty. Data last updated: 2024-12-11T20:18:19.22.
www.hudsonlivingny.com/homes/154124290
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42-62 157th Street Flushing, NY 11355

  • Price: $5,600,000
  • Status: Active
  • On Site: 106 Days
  • Updated: 59 min ago
  • ID#: L3574590
21
Beds
35
Baths
0
½ Baths
0.17
Acres
1928
Built
Neighborhood:
New York
County:
Queens
Area:
New York
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!, Additional information: Appearance:Very Good
Exterior Features

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

Interior Features

Appliances Tankless Water Heater Attic None Basement Details Full Basement YN No Cooling None Fireplaces Total 0 Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 0 Number Of Kitchens 35 Rooms Total 90

Property Features

Additional Fees 0.00 Additional Fees YN No Additional Parcel YN No Association YN No Heating Natural GasHot Water Lease Considered YN No Lot Size Area 7405 Lot Size Dimensions 60x123.42 Number Of Separate Electric Meters 35 Number Of Separate Gas Meters 35 Property Sub Type Multi Family Seasonal YN No Senior Community YN No Sewer Public Sewer Spa YN No Tax Annual Amount 59949 Water Source Public

Listing courtesy of Deirdre A. 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 Howard Hanna Rand Realty. Data last updated: 2024-12-11T20:18:19.22.
 
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Howard Hanna Rand Realty
46 S Broadway
Nyack NY, 10960