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144-45-144-47 37th Ave
Flushing, NY 11354
Multifamily Property For Sale
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16 Units
Investment Highlights
- Rare 16-Unit Multifamily Portfolio in the highly desirable Murray Hill section of Flushing
- Lot Size: Approx. 50' × 112' / Combined Building Area: Approx. 11,970 SF / 10 On-Site Parking Spaces – a valuable amenity in the Flushing market
- Separate Boilers, Electric & Gas Meters for efficient building operations / Tenants Pay Their Own Utilities, helping control owner operating expense
- 16 Residential Units: 8 One-Bedroom / One-Bath + 8 Two-Bedroom / One-Bath Apartments
- Annual Gross Rental Income: Approx. $350,000 / Annual Operating Expenses: Approx. $165,000 / Net Operating Income (NOI): Approx. $185,000
- Close to Downtown Flushing, shopping, supermarkets, restaurants, banks, Murray Hill LIRR, Flushing-Main St 7 Train, and everyday amenities
Property Facts
| No. Units | 16 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 12,660 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2001 |
| Building Class | B | ||
| Zoning | R6 - R6 - Medium density residential district | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 12,660 SF |
| No. Stories | 4 |
| Year Built | 2001 |
| Zoning | R6 - R6 - Medium density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Views
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 700 |
| 2+1 | 8 | - | 780 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $862,520 | |
| Land Assessment | $16,760 | Total Assessment | $879,280 |
Property Taxes
Parcel Numbers
Land Assessment
$16,760
Improvements Assessment
$862,520
Total Assessment
$879,280
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