9501 37th Ave | Flushing, NY 11372
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- LoopNet Team
9501 37th Ave
Flushing, NY 11372
Multifamily Property For Sale
·
44 Units
Investment Highlights
- MODERN MIXED USE DEVELOMENT Completed in 2021, featuring 44 residential units (23 one-bedroom, 21 two-bedroom), 3 retail spaces, and 22 parking spots
- STRATEGIC TAX BENEFITS Property qualifies for both 25-year 421A and 15-year ICAP tax abatements, with approvals in process and confirmed eligibility
- DYNAMIC RETAIL ENVIRONMENT Positioned among a diverse mix of local, regional, and national retailers spread across 37th Ave & Roosevelt Ave
- QUALITY RESIDENTIAL AMENITIES • Secure lobby with key fob access and package room • GE appliance package and Daikin HVAC systems • Private Balconies
- TRANSIT ORIENTED LOCATION Positioned in heavily trafficked corridor of Jackson Heights, the property offers immediate access to the 7 Train
- LIMITED MARKET AVAILABILITY Unique investment opportunity in Jackson Heights, where residential demand is high, and new construction is rare
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Kitchen
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Day Care
- Fitness Center
- Laundry Facilities
- Security System
- Gated
- Doorman
- Package Service
- Storage Space
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 23 | - | 461 - 699 |
| 2+2 | 21 | - | 669 - 739 |
Property Taxes
| Parcel Number | 01469-0041 | Improvements Assessment | $0 |
| Land Assessment | $1,401,000 | Total Assessment | $1,401,000 |
Property Taxes
Parcel Number
01469-0041
Land Assessment
$1,401,000
Improvements Assessment
$0
Total Assessment
$1,401,000
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