42-62 157th Street
$5,600,000
21
35
21,600
21,600
$259
Description
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!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!
Property Details for 42-62 157th Street
Township
Queens
Architectural StyleOther
Garage Spaces.00
Section Area42 Ave
Offer PresentationCannot be Present
LISTING UPDATED: 10/01/2024 03:03 AM
Property Details for 42-62 157th Street
Status | Active |
---|---|
MLS ID | 3574590 |
Days on Market | 88 |
Taxes | $59,949 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 90.0 |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1928 |
Lot Size | 7,405 SF / 60' x 123' |
County | Queens County |
Building
Building Information for 42-62 157th Street
Stories4Residences35Year Built1928Building Size60' x 115'Building Sq. Ft27,600 SFLot Size7,405 SF / 60' x 123'Building Age-Building Type-
Property Information for 42-62 157th Street
Property History for 42-62 157th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 42-62 157th Street
Taxable ValueLand$107,100Additions$315,450Total$422,550
Home Facts
Total Finished SqFt21,600 SqFtLot Size8,500 SqFtYear Built1928ZoningR4AAPN4053870076
Schools near 42-62 157th Street
This home is within New York City Geographic District #25.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
P.S. 22 Thomas Jefferson PublicPK to 5 | ||
Jhs 189 Daniel Carter Beard Public6 to 8 | ||
Francis Lewis High School Public9 to 12 | ||
Flushing International High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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