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- LoopNet Team
13605 Sanford Ave
Flushing, NY 11355
Sanford Court · Multifamily Property For Sale
·
100 Units

Investment Highlights
- Corner Property - Very desirable area in Flushing
- Access to all major roadways, buses and trains.
- Long term stable tenants
Executive Summary
OFFERED FOR FIRST TIME IN 76 YEARS! This is a 6 story, 103,000+/-SF, condo-coop building with ground floor retail featuring 11 long-term ground floor commercial tenants. Located on the NE corner of Sandford Avenue and Main Street, in Flushing, NY. 100% occupied. 133+/- of frontage on Sanford and 200+/- on Main Street. This is a highly desirable area of Flushing with great demand & very little supply. Long term tenants are willing to stay. 2 Elevators. Easy access to buses, subways, LIE, GCP, Cross Island, Whitestone Expressway, Northern Blvd. and LIRR. Property family owned and managed since 1945. Same owner is also selling 9 coop apartments in bulk offering great deal on resale. The value of these units is their RESALE. Asking $1.575M for 9 apartments. They are being sold in bulk for $175k per unit. Value in resale market is much higher. One unit is currently vacant the others have short term leases. Property is located on the NE corner of Sandford Avenue and Main Street, in Flushing, NY. One unit is vacant and the others are rented. Value of the apartments is in the RESALE value. All apartments must be sold together. They are being sold for $175,000 each and will bear much more on the open market if sold individually. Building has 133+/-’ of frontage on Sanford and 200+/-’ on Main Street. 2 Elevators. Easy access to subways, buses, LIE, GCP, Cross Island, Whitestone Expressway, Northern Blvd. and LIRR. Property family owned and managed since 1945.
Property Facts
| No. Units | 100 | Building Size | 97,256 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1929 |
| Building Class | C | APN / Parcel ID | 05043-1001 |
| Lot Size | 0.56 AC | ||
| Zoning | R6 - Retail on Main Street | ||
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 97,256 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 1929 |
| APN / Parcel ID | 05043-1001 |
| Zoning | R6 - Retail on Main Street |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Hardwood Floors
- Vaulted Ceiling
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 100 | - | - |
Links
Listing ID: 23509737
Date on Market: 6/24/2021
Last Updated:
Address: 13605 Sanford Ave, Flushing, NY 11355
The Downtown Flushing Multifamily Property at 13605 Sanford Ave, Flushing, NY 11355 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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