102-18 37th Avenue, Flushing, NY 11368 | MLS 3541648 | Listing Information | Berkshire Hathaway HomeServices Laffey International Realty | Berkshire Hathaway HomeServices Laffey International Realty
FOR SALE
$1,399,000  

102-18 37th Avenue
Flushing, NY 11368

Multi-Family
Residential
8
Beds
5
Baths
0.05
Acres Lot
Listing by: Daniel Gale Sothebys Intl Rlty, 516-627-4440
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.
3541648
Multi-Family, Other
8
Queens
5 Full
1931
0.05 Acres
Public
Brick
14
School Information
Corona Arts And Sciences Academy
Newtown High School
Bathrooms
5
Total:5
Interior Features
Appliances
Gas Water Heater
Heating
Gas Heat. Hot Water.
Common Walls
No Common Walls
Basement
None
Exterior / Lot Features
Parking
No Garage, None.
Exterior
Brick
Lot Dimensions
25.02x83.05
Additional Exterior/Lot Features
Near Public Transit.
Financial Considerations
01768-0012
$35,000
Listing by: Daniel Gale Sothebys Intl Rlty, 516-627-4440
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