Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

3533 147th St 38 Unit Apartment Building $8,000,000 ($210,526/Unit) 5.16% Cap Rate Flushing, NY 11354

Save this listing!

Favorite this listing to get notified of price updates, new media and more

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $770,000 $21.91
Other Income - -
Vacancy Loss - -
Effective Gross Income $770,000 $21.91
Taxes $175,000 $4.98
Operating Expenses $182,000 $5.18
Total Expenses $357,000 $10.16
Net Operating Income $413,000 $11.75

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $770,000
Annual Per SF $21.91
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $770,000
Annual Per SF $21.91
Taxes
Annual $175,000
Annual Per SF $4.98
Operating Expenses
Annual $182,000
Annual Per SF $5.18
Total Expenses
Annual $357,000
Annual Per SF $10.16
Net Operating Income
Annual $413,000
Annual Per SF $11.75

PROPERTY FACTS

Price $8,000,000
Price Per Unit $210,526
Sale Type Investment
Cap Rate 5.16%
No. Units 38
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.28 AC
Building Size 35,139 SF
Average Occupancy 100%
No. Stories 4
Year Built 1924
Zoning R7-1 - C1 - Over Six Families Without Stores

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 3 - 482
1+1 18 - 605
2+1 13 - 808
3+2 4 - 1,100
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05005-0001
Land Assessment
$145,350 (2025)
Improvements Assessment
$1,295,460 (2025)
Total Assessment
$1,440,810 (2025)
Annual Taxes
$175,000 ($4.98/SF)
Tax Year
2024
  • Listing ID: 35399997

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 3533 147th St, Flushing, NY 11354

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}