NY
Queens
Flushing
11368
102-18 37th Avenue
102-18 37th Avenue, Flushing, NY 11368
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Listing Type
Multi Family
Listing Status
active
12
$1,349,000

Home Details for 102-18 37th Avenue

Price
$1,349,000
Type
Residential Income
Bedrooms
8
Bathrooms
5.0
Square feet
NaN
Year built
1931
County
Queens
Total rooms
14
Garage
Basement
None
Days on site
91
MLS Listing#
L3541648
Listing Courtesy: Daniel Gale Sothebys Intl Rlty - 516-627-4440
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 Features
  • Heating Information
    • Hot Water
    • Natural Gas
  • Parking
    • No Garage
    • None
  • Water Features
    • Public
  • Basement
    • None
School Information
School Information for 102-18 37th Avenue, Flushing, NY 11368
Elementary School
N/A
Middle School
Corona Arts And Sciences Academy
High School
Newtown High School
. Presented by: Rosalyn Meyer
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
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65-46 Grand Ave, Maspeth, NY 11378
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718 416 4411
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