102-18 37th Avenue Flushing, NY $ 1,399,000
102-18 37th Avenue
$ 1,399,000
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102-18 37th Avenue

Flushing, NY, 11368
$ 1,399,000
Bedrooms8 Baths5.0 Sq 2,078

Monthly Estimate*

$ 9,298

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Multi-Family Home for sale in Flushing, NY

for $1,399,000 with 8 bedrooms and 5 full baths. This 2,078 square foot home was built in 1931 on a lot size of 0.05.

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.

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Multi-Family Active

Price

$ 1,399,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 35,000

Style

Lot Size

0.05

Year Built

1931

Town/City

Flushing

County/Region

Queens

MLS | Web ID

3541648

Features
Interior
Basement None
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General
Architectural Style Other
High School Newtown High School
High School District Queens 24
NumberOfUnitsTotal 4
Lot Size Units Acres
Middle/Junior High School Corona Arts And Sciences Academy
Building Area Units Square Feet
Living Area Units Square Feet
Middle/Junior School District Queens 24
Elementary School District Queens 24
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* Excluded Features
List By
Rosalyn Meyer

Listing Agent

Daniel Gale Sothebys Intl Rlty

Broker

rosalynmeyer@danielgale.com

Email

Affordability Calculator

$12,215
Per Month
76%
24%
0%
Monthly Principal & Interest
$9,298
Monthly Property Taxes
$2,917
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4098853 Elementary School
4101264 Middle School
Newtown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$1,399,000 -6.67% Price Down
4/2/2024$1,499,000 Listed Price

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102-18 37th Avenue, Flushing, NY, 11368 is a Multi-Family Home for sale at $1,399,000 with 2,078 sqft and a lot size of 0.05. 102-18 37th Avenue has 8 bedrooms, 5.0 baths, and was built in 1931. The property's zip code is 11368 which is in Flushing, NY