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$ 4,990,000
Est. payment /mo
Active
158-16 Sanford AVE Flushing, NY 11358
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY825955
Originating Board onekey2
Rental Info No
Year Built 1926
Annual Tax Amount $53,412
Property Sub-Type Multi Family
Property Description
Welcome to 158-16 Sanford Avenue- an extraordinary multi-family
investment opportunity located in the much sought after section of
Flushing! This property provides for 13,000 SF across four stories,
featuring 20 one bedroom units generating a gross income of $385,000
with an upside for additional revenue streams! This fully detached
brick structure is situated on a 6,700 square foot corner lot &
immaculately maintained by a live-in superintendent. Each apartment
is separately metered for both gas & electricity consumption, in
addition to simple open layouts with natural light coming in from
multiple exposures. The rooftop can easily accommodate a cell site,
and or be upgraded to a rooftop deck setting. The basement grants an
additional 3,000+ SF outside of the 13,000 SF which can easily allow
for a laundry setting, as well as bike & or assigned storage units
which would bring in additional income. The side yard of the subject
property furthermore allows for vehicle parking. This property
promises consistent returns for years to come with tremendous upside
for additional revenue streams & high ROI in one of New Yorks' most
vibrant of neighborhoods!
-Centrally located: Near #7 train, LIRR (Murray Hill train station),
Buses, Express buses, commuters mini buses & Airports (La Guardia
Airport is located within 15 minutes)
-Close proximity to banks, restaurants, supermarkets, stores &
shopping malls (ex. New World Mall & The Shops at Skyview Center)
-Close proximity to parks, schools, library, expressways (I-678,
Whitestone Expressway, Northern Blvd. (Route 25A)
investment opportunity located in the much sought after section of
Flushing! This property provides for 13,000 SF across four stories,
featuring 20 one bedroom units generating a gross income of $385,000
with an upside for additional revenue streams! This fully detached
brick structure is situated on a 6,700 square foot corner lot &
immaculately maintained by a live-in superintendent. Each apartment
is separately metered for both gas & electricity consumption, in
addition to simple open layouts with natural light coming in from
multiple exposures. The rooftop can easily accommodate a cell site,
and or be upgraded to a rooftop deck setting. The basement grants an
additional 3,000+ SF outside of the 13,000 SF which can easily allow
for a laundry setting, as well as bike & or assigned storage units
which would bring in additional income. The side yard of the subject
property furthermore allows for vehicle parking. This property
promises consistent returns for years to come with tremendous upside
for additional revenue streams & high ROI in one of New Yorks' most
vibrant of neighborhoods!
-Centrally located: Near #7 train, LIRR (Murray Hill train station),
Buses, Express buses, commuters mini buses & Airports (La Guardia
Airport is located within 15 minutes)
-Close proximity to banks, restaurants, supermarkets, stores &
shopping malls (ex. New World Mall & The Shops at Skyview Center)
-Close proximity to parks, schools, library, expressways (I-678,
Whitestone Expressway, Northern Blvd. (Route 25A)
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Steam
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Propane, Sewer Connected, Trash Collection Public, Water Connected
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Coldwell Banker American Homes
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