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35-07 147th St 54 Unit Apartment Building $15,000,000 ($277,778/Unit) 4.79% Cap Rate Flushing, NY 11354
Investment Highlights
- Prime Flushing Location
- Big Potential for Investment
- Near Public Transportation, Bus, LIRR,
Executive Summary
54 Unit Brick Building in Flushing (1Bed 27 unit , 2brd 27 unit ) Best Location Close to Bus , Shop Near public transportation so much potential for investment. Sell as is.
Contact 718-344-6565(Helen Moon)
Contact 718-344-6565(Helen Moon)
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $15,000,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $277,778 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Cap Rate | 4.79% | Building Size | 58,818 SF |
| Sale Condition | 1031 Exchange | No. Stories | 6 |
| No. Units | 54 | Year Built | 1931 |
| Property Type | Multifamily | Parking Ratio | 0.07/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R7-1 | ||
| Price | $15,000,000 |
| Price Per Unit | $277,778 |
| Sale Type | Investment |
| Cap Rate | 4.79% |
| Sale Condition | 1031 Exchange |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 58,818 SF |
| No. Stories | 6 |
| Year Built | 1931 |
| Parking Ratio | 0.07/1,000 SF |
| Zoning | R7-1 |
Amenities
Unit Amenities
- Refrigerator
- Oven
Site Amenities
- Controlled Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 54 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (91)
Property Taxes
| Parcel Number | 05005-0015 | Total Assessment | $1,859,580 |
| Land Assessment | $167,400 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,692,180 | Tax Year | 2025 |
Property Taxes
Parcel Number
05005-0015
Land Assessment
$167,400
Improvements Assessment
$1,692,180
Total Assessment
$1,859,580
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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35-07 147th St
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