$ 5,600,000
42-62 157th ST Flushing, NY 11355
Save 
Share Schedule a Tour
REQUEST A TOUR
In-PersonVirtual Tour
REQUEST A TOUR
In-PersonVirtual Tour
$ 5,600,000
Est. payment | /mo
$ 5,600,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3574137
Originating Board onekey2
Rental Info No
Year Built 1928
Annual Tax Amount $59,949
Lot Dimensions 60x123.42
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!
Location
State NY
County Queens
Interior
Heating Natural Gas
Fireplace No
Exterior
Private Pool No
Building
Sewer Public Sewer
Others
Special Listing Condition None
Listed by Keller Williams Rlty Landmark