132-18 57th Road, Flushing, NY 11355

$1,948,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,948,000
Days on Market
1
MLS#
1034297
Number Of Families
8
Status
ACTIVE
Lot Size
4000

Property Description

Rare 8-Unit Free-Market Multifamily Investment in Prime Flushing. Lot 40x100, building 24X55 (5280 sqft) Exceptional investment opportunity featuring a fully free-market 8-unit multifamily building with seven 1-bedroom/1-bath apartments, one studio apartment, and a high basement. Stable income with excellent upside potential. Each apartment has separate boilers, gas meters, and tenants pay their own utitlies. . Conveniently located minutes from Downtown Flushing, near shopping, restaurants, banks, SkyFoods Supermarket, Queens Botanical Garden, and Kissena Park. Excellent transportation with easy access to the 7 train, Murray Hill LIRR Station, Q25, Q34, Q44 SBS, Q65 bus lines, and the Long Island Expressway (I-495). A rare opportunity for investors seeking a well-located income-producing property with long-term growth potential. Suitable for a 1031 exchange.

Additional Information

Year Built
1986
Stories
4
School District
Queens 25
Elementary School
Ps 120
Middle School
Is 237
High School
John Bowne High School
Total Taxes
40302
Heating
Hot Water, Natural Gas
Parking
Driveway, Off Street, Private
Basement
See Remarks
Water
Public
Sewer
Public Sewer
Taxes
$40,302

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Fei Guo (fei@skyluxny.com) from Listing Office: Skylux Realty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.