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98-15 34th Avenue & 33-54 99th Street Flushing, NY 11368

Location: On the Corner of 34th Avenue and 99th Street

Block & Lots: 1713 / 33 & 36

Zoning: R5A

FAR: 1.1 for Residential, 2 for Community Facility

Lot Dimensions: 40 x 100 Each, 80 x100 Combined

Building Size: 24,480± SF

Number of Units: 32 (16 Units Per Each Building)

Stories: 4

Year Built: 1927

Income: Actual $ 544,250.16; Projected $662,662.67

Expense: Actual $ 203,003.92; Actual $ 203,003.92

NOI: Actual $ 341,246.24; Projected $ 459,658.75

Sale Price: $8,000,000

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  • Convenient Location, Close to Subway Station, Shops, Restaurants, Banks ,Supermarkets and Schools

  • Nearby Grand Central Parkway, Van Wyck Expressway, Northern Blvd., La Guardia Airport and Shea Stadium

  • #7 Subway Station on Roosevelt Ave and Junction Blvd., Bus Stations on Northern Blvd

List Price: $8,000,000

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  • Solid Brick Buildings, Well Maintained

  • 21 Units of 1 BR, 11 Units of 2 BR

  • 30 Units are Rent stabilized, 2 Units are Rent Controlled

  • 16 Units are Renovated, Roof 3 years Old, New Intercom System

  • Stable Income

  • Dense Population

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