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42-62 157th Street, Flushing, NY, 11355 $5,600,000

Multi Family Commercial  

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Details ML#: 3574137  

  • Sale or Rent:Sale
  • Year Built: 1928
  • Taxes: $59,949
  • Status:Active

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 271, 043. 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!

More Property Details

Property Features

Lot Sq Ft: 7405  

Appliances & Utilities

Heat: Natural Gas   Sewer: Public Sewer  

Financial

Taxes: $59,949  

Local Area Information

Zoning: R4A   Block: 5387   Lot: 76  

Listing Information provided courtesy of Keller Williams Rlty Landmark  718-475-2700
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