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4137 Parsons Blvd 16 Unit Apartment Building $4,500,000 ($281,250/Unit) Flushing, NY 11355
EXECUTIVE SUMMARY
Unlock Value in the Heart of Flushing Imagine owning a piece of one of Queens' most dynamic and sought-after neighborhoods. 41-37 Parsons Blvd isn't just a building—it's a strategic investment in a community defined by growth and demand. This 16-unit multi-family property delivers both immediate income and long-term security. With a newly replaced roof and updated heating system, you can invest with confidence, free from major near-term repairs. The ideal mix of two-bedroom units ensures a pipeline of qualified tenants, while individual electric meters keep operating costs predictable and low. Plus, with four off-street parking spaces already generating revenue, you're acquiring an asset that works harder for you from day one.
Total Units: 16 Unit Mix: 14 Two-Bedroom & 2 One-Bedroom Apartments NEW Roof Replacement UPDATED Gas Heating System Individual Electric Meters per unit 4 Off-Street Parking Spaces Don't miss your chance to anchor your portfolio in Flushing.
Your premier investment opportunity awaits.
Total Units: 16 Unit Mix: 14 Two-Bedroom & 2 One-Bedroom Apartments NEW Roof Replacement UPDATED Gas Heating System Individual Electric Meters per unit 4 Off-Street Parking Spaces Don't miss your chance to anchor your portfolio in Flushing.
Your premier investment opportunity awaits.
PROPERTY FACTS
| Price | $4,500,000 | Building Class | C |
| Price Per Unit | $281,250 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 13,656 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1977 |
| Apartment Style | Mid-Rise | ||
| Zoning | R7-1 - a medium-density residential district that allows for multi-family buildings | ||
| Price | $4,500,000 |
| Price Per Unit | $281,250 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 13,656 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1977 |
| Zoning | R7-1 - a medium-density residential district that allows for multi-family buildings |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
| 2+1 | 5 | - | - |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 05051-0007 | Improvements Assessment | $515,970 |
| Land Assessment | $83,250 | Total Assessment | $599,220 |
PROPERTY TAXES
Parcel Number
05051-0007
Land Assessment
$83,250
Improvements Assessment
$515,970
Total Assessment
$599,220
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Presented by
Reliance Realty One
4137 Parsons Blvd
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