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190-17 Crocheron Ave 8 Unit Apartment Building $2,699,000 ($337,375/Unit) 5% Cap Rate Flushing, NY 11358
INVESTMENT HIGHLIGHTS
- Rare 8-Family package deal in Flushing — highly sought after, extremely low inventory
- Two adjacent 4-family buildings, excellent for long-term holding or future redevelopment
- Strong & stable rental income with NOI reaching $135,000/year
- Prime Flushing location — only a 5-minute walk to the LIRR station. Quiet residential block just steps from services, supermarkets, and transportation
EXECUTIVE SUMMARY
2 buildings sold together: 190-15&17 Crocheron Ave
• Each building: 4 units
• Total: 8 units
• Multi-family zoning
• Solid brick structure
• Convenient layout, well-maintained
• Steps to supermarkets, buses, schools, parks
• Strong neighborhood rental demand
• Each building: 4 units
• Total: 8 units
• Multi-family zoning
• Solid brick structure
• Convenient layout, well-maintained
• Steps to supermarkets, buses, schools, parks
• Strong neighborhood rental demand
PROPERTY FACTS
| Price | $2,699,000 | Apartment Style | Low-Rise |
| Price Per Unit | $337,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 5% | Building Size | 8,698 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1931/2025 |
| Property Subtype | Apartment | ||
| Zoning | R5, Queens | ||
| Price | $2,699,000 |
| Price Per Unit | $337,375 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,698 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1931/2025 |
| Zoning | R5, Queens |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 1,084 |
| 2+1 | 2 | - | 1,091 |
1 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 05305-0001 | Improvements Assessment | $177,442 |
| Land Assessment | $4,648 | Total Assessment | $182,090 |
PROPERTY TAXES
Parcel Number
05305-0001
Land Assessment
$4,648
Improvements Assessment
$177,442
Total Assessment
$182,090
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Presented by
Billion Homes Realty Corp
190-17 Crocheron Ave
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