Keller Williams Realty Empire
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Listing Courtesy Of: Daniel Gale Sothebys Intl Rlty, 516-627-4440, Rosalyn Meyer
Local Realty Services Provided By: Keller Williams Realty Landmark II
Overview
What It'll Cost
Neighborhood
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$1,349,000
102-18 37th Avenue, Flushing, NY 11368
8 Beds
5 Baths
$1,349,000

102-18 37th Avenue, Flushing, NY 11368

Estimation provided by Keller Williams Realty Inc.
8 Beds
5 Baths
Active
For Sale
Keller Williams Realty Advantage Fair Housing

Property Description

A mixed-use property presents an unmissable investment in the bustling heart of Corona, Flushing, NY. This robust brick building, blending commercial utility with residential charm, stands as a testament to strategic property. It features 1 retail unit currently occupied by a florist and 4 occupied residential units that are rent stabilized, each offering spacious 2-bedroom apartments. This mix ensures a steady flow of income from diverse sources. Proximity to the No. 7 Train Station makes this property a convenient living space for commuters and an attractive spot for retail business, driving foot traffic and tenant demand. With a cap rate higher than 5.3 and low tax obligations, the financials of this property are as appealing as its physical attributes. This property is not just a place but a potential powerhouse of profitability.

Property Details

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Overview
Property Type
Quadruplex
Year Built
1931
Days on Site
117 Days
HVAC
Hot Water, Natural Gas
Parking
No

Activity History

VIEWS
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $1,349,000
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Credit Score
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Price & Tax History

Date
Event
Price
04/04/2024
Listed
$1,349,000
No Tax History Data
There are no tax history data available for this property at this time. Please consult with your agent if you have any questions.
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from N Corona (100St-34Ave)
Car-Dependent Walkable Very Walkable
NYC - Brooklyn Bay Ridge

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