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102-18 37th Avenue, Flushing, NY 11368
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$1,349,000
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Home Details for 102-18 37th Avenue
Price
$1,349,000
Type
Multi Family
Bedrooms
8
Total Bathrooms
5
Full Bathrooms
5
Year Build
1931
County
Queens
Total Rooms
14
Basement
None
Tax
$35,000
MLS®️ Listing#
L3541648
On exitrealty.com
295 days
Property Description
A mixed-use property presents an unmissable investment in the bustling heart of Corona, Flushing, NY. This robust brick building, blending commercial utility with residential charm, stands as a testament to strategic property. It features 1 retail unit currently occupied by a florist and 4 occupied residential units that are rent stabilized, each offering spacious 2-bedroom apartments. This mix ensures a steady flow of income from diverse sources. Proximity to the No. 7 Train Station makes this property a convenient living space for commuters and an attractive spot for retail business, driving foot traffic and tenant demand. With a cap rate higher than 5.3 and low tax obligations, the financials of this property are as appealing as its physical attributes. This property is not just a place but a potential powerhouse of profitability.
- Heating Information
- Hot Water
- Natural Gas
- Parking
- No Garage
- None
- Water Features
- Public
- Basement
- None
Listing Courtesy: Daniel Gale Sothebys Intl Rlty - 516-627-4440. Presented by: Rosalyn Meyer
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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