Check Availability
$1,399,000
↓ $100K (6.7%)
Multifamily - For Sale

102-18 37th Avenue

Flushing, NY 11368
bedrooms
8 Beds
bathrooms
5 Baths
$9,786
Estimated Monthly
$0
HOA / Fees
5.67%
Cap Rate

About This Property

A mixed-use property presents an unmissable investment in the bustling heart of Corona, Flushing, NY. This robust brick building, blending commercial utility with residential charm, stands as a testament to strategic property. It features 1 retail unit currently occupied by a florist and 4 occupied residential units that are rent stabilized, each offering spacious 2-bedroom apartments. This mix ensures a steady flow of income from diverse sources.  Proximity to the No. 7 Train Station makes this property a convenient living space for commuters and an attractive spot for retail business, driving foot traffic and tenant demand. With a cap rate higher than 5.3 and low tax obligations, the financials of this property are as appealing as its physical attributes. This property is not just a place but a potential powerhouse of profitability.
Unit Size
-
Days on Market
26 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$2,917
HOA Dues
-
Year Built
1931
Listed By
Rosalyn Meyer
Daniel Gale Sothebys Intl Rlty
Last updated: 13 hours ago (OneKey MLS #ONE3541648)

Price History

Date / Event Date Event Price
Apr 29, 2024 Price Decreased $1,399,000
↓ $100K (6.7%)
Price Decreased
Apr 4, 2024 Listed by Daniel Gale Sothebys Intl Rlty $1,499,000
Listed by Daniel Gale Sothebys Intl Rlty
Aug 5, 2016 Sold to 10218 Realty Llc $1,340,000
Sold to 10218 Realty Llc
Sep 24, 2014 Sold to Rsy Realty Corporation $950,000
Sold to Rsy Realty Corporation

Property Highlights

Parking Details
Parking Features: None
Interior Details

Bathroom Information

Full Bathrooms: 5

Room 1

Level: First
Type: Retail Store

Room 2

Level: Second
Type: 2 two-bedroom units

Room 3

Level: Third
Type: 2 two-bedroom units

Room Information

Rooms: 14

Basement Information

Basement: None

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
8 Beds
4 Baths
-
$1,000,000 Jun 29, 2020
$1,000,000 Jun 2, 2021
$2,833/mo
Multifamily
8 Beds
3 Baths
-
$1,350,000 Dec 17, 2021
$1,350,000 May 25, 2022
$722/mo
Multifamily
8 Beds
3 Baths
-
$1,380,000 Mar 10, 2022
$1,380,000 Jun 21, 2022
$624/mo
Multifamily
8 Beds
7 Baths
-
$1,430,000 Sep 24, 2020
$1,430,000 Mar 18, 2021
-
Multifamily
8 Beds
2 Baths
-
$1,200,000 Mar 25, 2019
$1,200,000 Oct 21, 2019
$542/mo
Multifamily
7 Beds
3 Baths
-
$1,325,000 Mar 4, 2022
$1,325,000 Mar 7, 2022
$620/mo
Multifamily
8 Beds
3 Baths
-
$1,499,000 Feb 22, 2024
-
$498/mo
Multifamily
8 Beds
3 Baths
-
$1,400,000 Dec 13, 2023
-
$775/mo
Multifamily
8 Beds
3 Baths
-
$1,399,000 Nov 14, 2022
-
$685/mo
Multifamily
8 Beds
3 Baths
-
$1,299,000 Feb 13, 2023
-
$468/mo
Multifamily
9 Beds
4 Baths
-
$1,478,000 Oct 12, 2023
-
$1,108/mo
Multifamily
7 Beds
7 Baths
-
$1,498,000 Aug 11, 2022
-
$1,685/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230406
04/06/2023
8 Bed
5 Bath
-
$1,700,000
bedrooms
8 Bed
bathrooms
5 Bath
-
-
-
Meiying Lin
E Realty International Corp
20220104
01/04/2022
8 Bed
5 Bath
-
$1,680,000
bedrooms
8 Bed
bathrooms
5 Bath
-
-
-
Li Li
B Square Realty Inc
20200629
06/29/2020
8 Bed
4 Bath
-
$1,480,000
bedrooms
8 Bed
bathrooms
4 Bath
$1,000,000 -32.43%
06/02/2021
-
Jinfei Wu
E Realty International Corp

Building Info

102-18 37th Avenue 102-18 37th Avenue, Corona, NY 11368
  • 5 Units
  • 1 Unit for Sale
More about this Building
102-18 37th Avenue
Want to find out who owns 102-18 37th Avenue, Corona, NY 11368? Get detailed property transactions here .

About Northwestern Queens


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