3301 146th Street
About This Property
Property Features:
• Spacious Layout: Encompassing 1,606 square feet, this home provides ample space for comfortable living.
• Multi-Family Design: Designed to accommodate multiple households, the property offers flexibility for extended family living or rental opportunities.
• Classic Architecture: Built in 1925, remodeled in 2025, featuring architectural details that reflect its rich history.
• Generous Lot Size: Situated on a 2,500-square-foot lot, the property boasts outdoor space suitable for various activities and landscaping possibilities.
Interior Highlights:
• Sunlit Living Areas: Large windows throughout the home invite abundant natural light, creating a warm and inviting atmosphere.
• Hardwood Flooring: Elegant hardwood floors enhance the aesthetic appeal and add to the home's character.
• Functional Kitchens: Each unit features a well-appointed kitchen, equipped to meet daily culinary needs.
• Comfortable Bedrooms and Bathrooms: The residence includes multiple bedrooms and bathrooms, ensuring privacy and convenience for all occupants.
Transportation and Commuting:
Residents of 3301 146th St enjoy unparalleled access to a variety of transportation options, facilitating effortless commuting throughout New York City:
• Subway Access: The property is conveniently located near the 7 train at Main Street Station, providing a direct route to Midtown Manhattan and connecting to other major subway lines.
• Long Island Rail Road (LIRR): The nearby Flushing Main Street LIRR station offers quick access to Penn Station, making it ideal for commuters seeking a swift journey to Manhattan.
• Bus Services: Multiple bus routes serve the area, including the Q13, Q28, and Q15, connecting residents to various parts of Queens and beyond.
• Major Roadways: Proximity to the Van Wyck Expressway and the Whitestone Expressway ensures convenient travel by car to other boroughs and regional destinations.
Neighborhood Amenities:
Flushing is renowned for its vibrant community and diverse offerings:
• Cultural Attractions: The area boasts a rich tapestry of cultural institutions, including the Queens Botanical Garden and the Flushing Town Hall, offering residents a variety of artistic and educational experiences.
• Culinary Delights: Flushing is a food lover's paradise, featuring an array of dining options that showcase global cuisines, particularly celebrated for its authentic Asian eateries.
• Shopping and Services: From the bustling shops of Main Street to the nearby SkyView Center, residents have access to a wide range of retail stores, supermarkets, and essential services.
• Parks and Recreation: The property is close to several parks, including the expansive Flushing Meadows-Corona Park, providing ample green space for outdoor activities and relaxation.
Conclusion:
3301 146th St presents a unique opportunity to own a piece of Flushing's heritage while enjoying the conveniences of modern urban living. Its strategic location, combined with its architectural charm and access to a plethora of amenities, makes it a highly desirable property for those seeking a vibrant and connected lifestyle.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017