Prime Multifamily for Sale Flushing,New York111-01 Northern Boul...

3700 square ft Flushing,New York $1,600,000 10 For sale

Property Features

Property TypeFor sale Year Built-
SQFT3700 square ft Tenancysingle
Building ClassA ZoningPrimarily Four Family with One Store or Office

Details

  • Proparty Statusoff_market
  • Proparty Sub CategorieMultifamily
  • Building Size3700 square ft
  • Tenancysingle
  • Contruction Statusnew
  • Cap Rate10
  • Year Last Renovated2020
  • ZoningPrimarily Four Family with One Store or Office

Description

Four family with one commercial space located in the heart of corona queens.  Densely populated corona multifamily has four 2 bedroom apartments that average $2300 per apartment and one commercial unit with a projected income of $5000 with the total projected annual income of $170,400. 

Highlights

  • 10% cap rate
  • Approved plans for additional 3,200 square ft
  • total projected annual income of $170,400
  • Four family with commercial store

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