17203 35th Avenue
About This Property
Experience an unparalleled lifestyle in this pristine, full-brick detached residence. Boasting an extraordinary six levels of living space and approximately 4,760 sq. ft. of "like-new" interior, this home is a rare find. Custom built in 2004, it offers the perfect marriage of structural integrity and modern luxury on a prime 55' x 100' corner lot.
Standout Features:
The Great Room & Entertainment Level: A spectacular high-ceiling Great Room designed for grand-scale hosting, featuring a cozy fireplace, a professional billiard table, and a custom wet bar.
Private Master Level: The entire 4th level is dedicated to a palatial Master Suite-a true sanctuary featuring a private balcony and an extra-large, full-size Jacuzzi for ultimate relaxation.
Versatile 6-Level Layout: Beyond the main entertaining floors, discover sun-drenched loft spaces on the upper levels (ideal for a home office or additional bedrooms) and a seamless split-level flow throughout.
Modern Infrastructure: Enjoy the peace of mind of 21st-century construction, central air, and a meticulous full-brick exterior with a stone/brick privacy wall.
Finished Lower Level: Includes a dedicated laundry area, half bath, and dual outdoor entrances from both the front and rear.
Prime Location:
Commanding the corner of 35th Ave and 172nd Street, this home is situated in the prestigious Queens 25 School District (PS 32, IS 25), moments away from local shops and transit.
This turn-key residence represents a once-in-a-generation opportunity to own a high-capacity, custom-rebuilt home in North Flushing's most desirable pocket.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2026 | Price Decreased |
$2,280,000
↓ $100K
(4.2%) | |
| Price Decreased | |||
| Mar 30, 2026 | Listed by Douglas Elliman Real Estate | $2,380,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jun 19, 2022 | Relisted | $2,950,000 | |
| Relisted | |||
| Jun 18, 2022 | No longer available | - | |
| No longer available | |||
| Apr 22, 2022 | Price Decreased |
$2,950,000
↓ $40K
(1.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017