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138-06 35th Ave
Prime Flushing, 10 Unit Elevator, Mixed Use Building w/ Residential, Commercial, Medical Tenants
Listing Contacts
Croft InternationalLicense: NY 10371200195
Active
Address
138-06 35th Ave, Queens, NY 11354
Show on MapDate Added
Nov 12, 2024
Days on Market
162 days
Time Since Last Update
162 days
Details
Marketing Description
Built in 2008, this is a 10 unit apartment building with elevator. There are 8 residential units and 2 commercial units, with a square footage breakdown of 7,772 square feet of residential space, and 3,165 square feet of commercial space. The commercial space is ideal for a medical office. The building has brick construction, a building-wide security system, central air conditioning, and laundry room. Projected NOI of $282,825.00. Can be converted to condo.
Owner financing is available.
Investment Highlights
- Prime location, heart of Flushing, steps from all transportation, shopping, and restaurants.
- 10 Units available, currently with 8 residential units, 1 office unit, and 1 medical unit.
- Building-wide security, central air-conditioning, full laundry facilities.
- Owner-, Builder-occupied, with current Owner/Developer willing to offer Seller Financing.
- Built in 2008, convertible to condo.
- R6 Zoning
- Rooms are Wheelchair-accessible
- Elevator
- Balcony units
- Building Size 10,937 SF
- Lot Size 0.06 AC
- No. Stories 6
- Building Class B
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$282,825.00
$23,568.75/mo
Valuation Metrics
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0
DSCR
4.1%
Cap Rate
4.1%
ROI
Property History
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Due Diligence
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Listing Contacts
- Croft InternationalLicense: NY 10371200195
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Additional Information
Broker of Record
Forte America
Broker of Record: License Type
37SO0506934
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