$1,399,000 Price Analysis    ♡   Flushing, NY 11368 8 bed 5 bath unknown SqFt ($0/SqFt) 2,078SqFt lot. Built 1931 Listed 2024-04-04, Taxes $40,885 | Ⓧ USDA Ineligible due to price & location near Queens |
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 st rategic property. It features 1 retail unit currently occupied by a florist and 4 occupied residential units that are rent stabilized, each offering roomy 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 rat higher than 5.3 and low tax obligations, the financials of this property are as appealing as its physical attributes. This property is not a place but a potential powerhouse of profitability.
Presented by Rosalyn Meyer at
Daniel Gale Sotheby's International Realty.
Property MLS #3541648 from OneKeyMLS
Full Bathrooms: 5
Lot Size Acres: 0.0477043
Lot Size Dimensions: 25.02x83.05
Lot Size Square Feet: 2078
Calculated Total Monthly Association Fees: 0
High School: Newtown High School
High School District: Queens 24
Middle School: Corona Arts And Sciences Academy
Middle or Junior School District: Queens 24
Map directions Map directions Map directions Map directionsTax Block: 1768
Source Listing Status: Active
County: Queens
Cross Street: 102nd St
Directions: GPS
List Price Low: 1399000
Source Property Type: Residential Income
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Parcel Number: 01768-0012
Township: Queens
Property Subtype: Multi Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $247,950 + $107,550 $355,500 | $40,885 |
| 2021 | $281,250 + $107,550 $388,800 | $39,319 |
| 2020 | $317,250 + $107,550 $424,800 | $36,695 |
| 2019 | $278,550 + $107,550 $386,100 | $35,012 |
| 2018 | $171,604 + $85,445 $257,049 | $32,419 |
| 2017 | $157,479 + $99,570 $257,049 | $32,694 |
| 2016 | $143,769 + $102,877 $246,646 | $31,798 |
| 2015 | $146,175 + $82,202 $228,377 | $29,422 |
| 2014 | $123,215 + $90,333 $213,548 | $27,452 |
| 2013 | $111,807 + $85,923 $197,730 | $25,991 |
| 2011 | $111,963 + $85,767 $197,730 | $25,334 |
| 2010 | $92,002 + $97,726 $189,728 | $23,261 |
| 2009 | $79,044 + $96,631 $175,675 | $21,750 |
| 2007 | $106,318 + $45,782 $152,100 | $18,142 |
$1,399,000
OneKeyMLS
Listing removed 2024-04-06
$1,700,000
OneKeyMLS
Listed 2024-04-04
$1,499,000
OneKeyMLS
Listing removed 2023-06-10
$1,680,000
OneKeyMLS
Sold 2021-03-04
$1,000,000
Public Record
Sold 2016-08-18
$1,340,000
Public Record
Listing removed 2016-03-31
$1,328,000
OneKeyMLS
Listed 2015-09-25
$1,328,000
OneKeyMLS
Sold 2000-11-06
$305,000
Public Record
Sold 1999-11-23
$425,000
Public Record
Sold 1997-06-20
$315,000
Public Record
Sold 1986-12-30
$250,000
Public Record
Sold 1986-02-21
$237,500
Public Record
Common Walls: No Common Walls
Construction Materials: Brick
Property Age: 93
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.