42-16 165th Street, Flushing, New York 11358 (MLS# 3473076)
Commercial Sale listing in Queens County
Listing ID3473076
Sold For$1,320,000
StatusClosed
Sold Date12/15/2023
Acres
0.060
CountyQueens
Year Built1926
Property TypeCommercial Sale
Property Sub TypeMixed Use
Well maintained 6-Family brick apartment building located on 165th street in Flushing, Queens. Close to "Broadway LIRR" and MTA Buses. Convenient to Kissena Park and a block from Northern Blvd. restaurants and shopping. 4 of the apartments are free market rent apartments, but paying below market rates. Three car garage avaialble for extra income.
County
Queens
Price Before Reduction
1688000
Price Reduction Date
2023-07-17T19:56:41+00:00
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Year Built
1926
Current Use
Residential
Mls Status
U
Moved From
na
Area Units
Square Feet
Directions
GOOGLE MAPS/WAZE
MLS Area Minor
12
Township
Queens
Zoning Description
R4-1
Flood Zone Report
no
Lot Size Area
0.06
Lot Size Dimensions
25x100
Lot Size Source
Other
Lot Size Square Feet
2500
Lot Size Units
Acres
Number Of Units Total
6
Sewer
Public Sewer
State Or Province
NY
Contract Price
1520000.00
Gross Income
111600
High Price Dollars
1588000
Net Operating Income
78882
Operating Expense
32718
Tax Annual Amount
19566
Tax Block
5395
Tax Lot
28
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