Property Description

Rare 8-Unit Free-Market Multifamily Investment in Prime Flushing. Lot 40x100, building 24X55 (5280 sqft) Exceptional investment opportunity featuring a fully free-market 8-unit multifamily building with seven 1-bedroom/1-bath apartments, one studio apartment, and a high basement. Stable income with excellent upside potential. Each apartment has separate boilers, gas meters, and tenants pay their own utitlies. . Conveniently located minutes from Downtown Flushing, near shopping, restaurants, banks, SkyFoods Supermarket, Queens Botanical Garden, and Kissena Park. Excellent transportation with easy access to the 7 train, Murray Hill LIRR Station, Q25, Q34, Q44 SBS, Q65 bus lines, and the Long Island Expressway (I-495). A rare opportunity for investors seeking a well-located income-producing property with long-term growth potential. Suitable for a 1031 exchange.

Property Features

Local Schools