42-62 157th ST Active Save Request In-Person Tour Request Virtual Tour
Flushing,NY 11355
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3574590
Style Other
Bedrooms 21
Full Baths 35
Year Built 1928
Annual Tax Amount $59,949
Lot Size 7,405 Sqft
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
Rooms
Kitchen 35
Interior
Heating Natural Gas,Hot Water
Cooling None
Exterior
Garage On Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Middle Schools Jhs 189 Daniel Carter Beard
High Schools Flushing High School
School District Queens 25
Others
Special Listing Condition None