Excellent investment opportunity in the heart of Flushing.
| Website: | https://www.nestseekers.com/5323566 |
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| Address: | New York, NY 11355 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.0 Acres |
Financials
Description
Excellent investment opportunity in the heart of Flushing. This well-maintained 8-unit residential building is being sold as a full building sale and is occupied with good, established tenants, providing immediate rental income for the new owner. The property is equipped with 9 gas meters and 9 electric meters, offering convenient utility separation and management.
Located on Cherry Avenue, the building enjoys a highly desirable location near downtown Flushing, with easy access to a wide variety of restaurants, supermarkets, shops, and everyday conveniences. Public transportation is readily available, including the 7 train at Flushing–Main Street, the LIRR station, and multiple bus lines, allowing convenient access throughout Queens and into Manhattan.
This income-producing property offers strong rental demand and long-term investment potential in one of Queens’ most vibrant and established residential neighborhoods. A great opportunity for investors seeking a stable asset in a prime location.
Amenities
- Electricity Connected
- Natural Gas Connected
- Near Public Transit
- Near School
- Near Shops
- Sewer Connected
- Trash Collection Public
- Water Connected
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47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
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| Listing Courtesy of United Real Estate Fortune | |