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142-27 Barclay Ave
Flushing, NY 11355
Multifamily Property For Sale
·
50 Units
PROPERTY FACTS
| No. Units | 50 | Building Size | 40,991 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1962/2018 |
| Building Class | C | Parking Ratio | 0.37/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | R7-1 - Hid Density Residential | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 40,991 SF |
| Average Occupancy | 100% |
| No. Stories | 7 |
| Year Built/Renovated | 1962/2018 |
| Parking Ratio | 0.37/1,000 SF |
| Zoning | R7-1 - Hid Density Residential |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Heating
- Tile Floors
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
ABOUT 142-27 BARCLAY AVE , FLUSHING, NY 11355
Vanderbilt Realty is pleased to exclusively represent the property located at 142-27 Barclay Avenue, Flushing, New York. The subject property is a six-story elevator apartment building constructed in 1962 and contains a total of 50 units of which 28 are free market, 7 RS PREFERENTIAL units and 15 are rent stabilized. There are 26 studios, 12 very large studios (convertible to one bedrooms) and 12 two-bedroom apartments. The property is situated on a 75 by 122-foot parcel of 9,150 square feet. The property lies in an R7-1 zone (3.44 FAR), and contains 40,991 gross square feet, and is overbuilt. There is a 15-car garage and a laundry room for the tenants. The property is a half-mile from the Main Street Flushing #7 train subway station. The #7 train runs from the Main Street stop to the recently extended #7 train line which now terminates at the 34th Street Hudson Yards stop. The #7 express train during rush hour is a 25-minute ride to Grand Central station. The Long Island Railroad Main Street station also services Flushing which runs on the Port Washington branch, with service to Penn Station in approximately 20 minutes. The station is part of the L.I.R.R.'s CityTicket, and is in Zone 3. In addition, there are major bus routes (Q44, Q20A, Q20B) along Main Street, Roosevelt Avenue and Kissena Boulevard. Many other buses travel through or terminate in this area of Queens as well. The property is a seven-minute walk to both the Metropolitan Transportation Authority (MTA) and Long Island Rail Road (LIRR) Main Street stations. Flushing is the fourth most populated community in The City of New York and is home to a diverse ethnic population. Additionally, it is home to many sports and cultural facilities including: Citifield, Queens Botanical Gardens, The Queens Museum, Flushing Meadow Corona Park (Home to the United States Tennis Open) as well as Flushing Town Hall (a stately 1862 Romanesque Revival building), and the Queens Historical Society. Downtown Flushing is also a destination point for its diverse shopping and dining experience. 5
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 16 | - | 300 |
| 1+1 | 17 | - | 575 - 600 |
| 2+1 | 17 | - | 900 |
PROPERTY TAXES
| Parcel Number | 05046-0037 | Improvements Assessment | $1,857,960 |
| Land Assessment | $89,100 | Total Assessment | $1,947,060 |
PROPERTY TAXES
