42-62 157th Street Flushing NY, 11355 SD# 25
$5,600,000
21 Beds / 35 Full Baths | ML# 3574590
Property Picture

Solid Brick Legal 35 Unit Apartment Building in the Heart of Flushing! Excellent Investment Property and Ideal 1031 Exchange! 17 (1 Bedroom Apartments), 16 (Studios), 2 (Two Bedroom Apartments).Annual income $446, 900 (including Rooftop Antenna $6, 600). Annual Net Income 276, 393 & CAP 4.93%. Well Maintained Building- Utility Rm in Bsmt, NEW Roof (5 Years). Very Convenient to Flushing Main Street- Transportation Q12, N20, Q65, Q27 and LIRR Murray Hill & Broadway 2 stations, & Shopping!

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    Colony Realty Licensed Real Estate Salesperson (631)722-5800 (631)722-5800 broker@colonyrlty.com