3 Family Property in Flushing

42-38 159th Street, Flushing, NY

IN CONTRACT

$1,800,000

Price

5.46%

Cap Rate

$98,260

NOI

Gallery
Street
Map
Overview
Cap Rate
5.46%
NOI
$98,260
Building Size
3,140 sqft
Occupancy
100%
Units
3
Year Built
1975
Price Per Sqft
$573
Price Per Unit
$600,000
Floors
3
Year Last Renovated
2018
Investment Strategy
Opportunistic
Description

At this location is a 3-family building. The building was fully renovated in 2018 and is a high-income-
producing property. The building is all brick and all utilities are separately metered.

Highlights
  • 3 Family Property in Prime Flushing Area
  • 7 Bedrooms, 4 Bathrooms
  • All Utilities are Separately Metered - Fully Paid by Tenants
  • High Income Producing Property
  • Low Taxes
  • Fully Renovated in 2018
Documents
Title
Flushing__42-38_159th_St__Offering_Memorandum_.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery