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    42-62 157th Street, Flushing, NY 11355
    $5,600,000
    7,405sqft
    acres
    Commercial Sale

    42-62 157th Street, Flushing, NY 11355

    Listing by: Keller Williams Rlty Landmark
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    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    42-62 157th Street, Flushing, NY 11355
    $5,600,000
    7,405sqft
    acres

    42-62 157th Street, Flushing, NY 11355

    City/Town:Flushing   Post Office: Flushing     

    Commercial Sale by Deirdre A. FolanKeller Williams Rlty Landmark.

    Data checked 4 mins ago. Listing last updated 31 days ago.
    1. Overview
    2. Details
    3. More 

    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 271,043. 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!, Additional information: Appearance:Very Good

    Details
      Property type
    Commercial Sale
      Year built
    1928
      Heating
    Natural Gas, Hot Water
      Cooling
    None
      Garage
    No
      City/Town
    Flushing
      Post Office
    Flushing
      Parking spots
    -
    L3574590
    MLS ID
    Active
    Status
    08/26/2024
    On Market Date
      Flooring
      View
    Exterior features
    Lot features
    Monthly taxes
    $4,996
    Yearly taxes
    $59,949
    Schools
    Jhs 189 Daniel Carter Beard, Flushing High School
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Listing By:
    Deirdre A. Folan
    Deirdre A. Folan
    Deirdre A. Folan
    Champion Wu
    Deirdre A. Folan
    Deirdre A. Folan
    Real Estate Associate Broker, Keller Williams Rlty Landmark
    Direct Number 
     
    Deirdre A. Folan
    Champion Wu
    Real Estate Associate Broker, Keller Williams Rlty Landmark
    Direct Number 
     
    Building Info
    Address
    42-62 157th Street, Flushing, NY 11355
    Neighborhoods
    Flushing, Queens, New York City
    Year Built
    1928
    Number of Floors
    4
    Total Number of Units
    35
    Gross area
    21,600 sqft
    Frontage
    60 ft
    Depth
    115 ft
    School District
    25
    Lot Usage
    Area square footage
    8,500
    Commercial area
    600
    Residential area
    21,000
    Total residential units
    35
    Lot Info
    Block
    5,387
    Buildings on Lot
    1
    Corner Lot
    NW
    Irregularly shaped
    Yes
    Lot
    76
    Lot location type
    3
    Width
    60 ft
    FAR
    Built Floor Air Ratio
    2.54
    Maximum Commercial FAR
    0.75
    Maximum Facility FAR
    2
    Maximum Residential FAR
    0.75
    Zoning
    Census Block (2010)
    1,187
    Census Tract (2010)
    1,000
    City Council District
    20
    Community District
    407
    Location
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    42-62 157th Street, Flushing, NY 11355, is a 7405 sqft. Mixed Use built in 1928. This property is currently available for sale and was listed on OneKey® MLS on 8-26-2024. The MLS# for this Mixed Use is MLS# L3574590.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
    Copyright ©2025
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