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Very well maintained 8 Family-Prime Location 190-17 Crocheron Ave 8 Unit Apartment Building $2,490,000 ($311,250/Unit) 4.48% Cap Rate Flushing, NY 11358
Investment Highlights
- Rare Two 4-Family package deal in Flushing — 5 mins walking From Auburndale LIRR Train Station
- Large Apartments, High Ceilings. Each apartment has Wood-burning Fireplace.
- 1 Unit vacant, offering versatile owner-use or rental potential.
- Classic Tudor-style featuring timeless architecture, solid construction, and a warm, elegant living atmosphere.
- New Roof, New Windows and New boilers. Most apartments were renovated. Very Well Maintained.
Executive Summary
2 buildings sold together: 190-15&17 Crocheron Ave
• Rent Income: 191,772/Yr, Expenses: 80,202/Yr, Net Income:111,570/Yr
• Each building: 4 units
• Total: 8 units
• New Roof, New Windows, New boilers. Very Well Maintained.
• Solid brick structure
• Convenient layout, well-maintained
• Steps to supermarkets, buses, schools, parks
• Strong neighborhood rental demand
Please call or text 917-900-8066 for more details. Email inquiries via LoopNet may experience a delay.
• Rent Income: 191,772/Yr, Expenses: 80,202/Yr, Net Income:111,570/Yr
• Each building: 4 units
• Total: 8 units
• New Roof, New Windows, New boilers. Very Well Maintained.
• Solid brick structure
• Convenient layout, well-maintained
• Steps to supermarkets, buses, schools, parks
• Strong neighborhood rental demand
Please call or text 917-900-8066 for more details. Email inquiries via LoopNet may experience a delay.
Property Facts
| Price | $2,490,000 | Apartment Style | Low-Rise |
| Price Per Unit | $311,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 4.48% | Building Size | 4,362 SF |
| No. Units | 8 | Average Occupancy | 88% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1931/2025 |
| Zoning | R5B - a low-density residential zoning district in New York City (primarily Brooklyn, Queens, and The Bronx) designed for "walk-up" rowhouses and small apartment buildings. | ||
| Price | $2,490,000 |
| Price Per Unit | $311,250 |
| Sale Type | Investment |
| Cap Rate | 4.48% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,362 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built/Renovated | 1931/2025 |
| Zoning | R5B - a low-density residential zoning district in New York City (primarily Brooklyn, Queens, and The Bronx) designed for "walk-up" rowhouses and small apartment buildings. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 1,084 |
| 2+1 | 2 | - | 1,091 |
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Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 05305-0001 | Improvements Assessment | $191,845 |
| Land Assessment | $4,810 | Total Assessment | $196,655 |
Property Taxes
Parcel Number
05305-0001
Land Assessment
$4,810
Improvements Assessment
$191,845
Total Assessment
$196,655
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Very well maintained 8 Family-Prime Location | 190-17 Crocheron Ave