42-62 157th Street, Flushing, NY 11355

  • $5,600,000

Overview

Property ID: 3574590
  • Multi Family, Residential Income
  • Property Type
  • 21
  • Bedrooms
  • 35
  • Bathrooms
  • 1928
  • Year Built

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!

Details

Updated on October 1, 2024 at 7:03 am
  • Property ID: 3574590
  • Price: $5,600,000
  • Land Area: 0.17 Acres
  • Bedrooms: 21
  • Rooms: 90
  • Bathrooms: 35
  • Garage Size: x x
  • Year Built: 1928
  • Property Type: Multi Family, Residential Income
  • Property Status: Active

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Jerry Wang
  • Jerry Wang