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42-62 157th Street Flushing, NY 11355
$5,600,000
  • Commercial
  • Year Built 1928
  • Misc
  • ML# 3574137

Property Details

Overview

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!

Key Facts

  • Lot Sq Ft: 7405
  • Taxes: $59,949
  • Sale or Rent: Sale
  • Block: 5387
  • Lot: 76

Additional Features

Interior & Utilities

  • Heat: Natural Gas
  • Sewer: Public Sewer

Financial

  • Taxes: $59,949
Listing Information provided courtesy of Keller Williams Rlty Landmark  718-475-2700
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