$5,600,000
Active
32 Days Online
21 Beds35 Baths0 SQFT
Active

42-62 157th Street Flushing, NY 11355

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyQueens
  • Taxes$59,949
  • HOA/Condo/Coop Fees$0
  • Days on Site32 Days
  • MLS StatusActive
  • MLS ID Number3574590
  • Home Size Source N/A
  • Year Built1928
  • Lot Size0.17 Acres
  • Full Baths35
  • Partial BathsN/A

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General Features

  • Style Other
  • Construction Brick
  • Parking On Street
  • Sewer Public Sewer
  • Basement Full
  • Acreage 0.17
  • Water Public
  • Cross Street 42 Ave
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No

Interior Features

  • Cooling None
  • Heating Natural GasHot Water
  • Fireplaces 0

Community Features

  • Township Queens
  • Senior Community No

Schools

School District
Queens 25
Elementary School
Unknown
Middle School
Jhs 189 Daniel Carter Beard
High School
Flushing High School

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Monthly Payment (Est.)

$27,091
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