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102 18 37th Avenue

Flushing, NY 11368

8 beds
5 baths
– sqft
2,078 sqft lot
1931 build
– on site

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.

Listing courtesy of ONEKEY / Daniel Gale Sothebys Intl Rlty

Last checked: Checking… • Last updated Nov 27, 2024 •

MLS# L3541648 —

The Building

Year Built:

1931
Basement:

false
Architectural Style:

Other
Construction Materials:

Brick
Number Of Units Total:

4
Attic:

See Remarks

Interior

Rooms Total:

14
Fireplace:

false
Room Description:

Retail Store||2 two-bedroom units||2 two-bedroom units
Number Of Kitchens:

4

Financial & Terms

Lease Considered:

false

The Property

Lot Features:

Near Public Transit, Near Shops
Parcel Number:

01768-0012
Property Type:

Residential Income
Property Sub Type:

Quadruplex
Lot Size Square Feet:

2,078 Sqft
Property Attached:

false
Additional Parcel:

No
Lot Size Dimensions:

25.02x83.05

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

35000
Tax Lot:

12

Beds

Bedrooms Total:

8

Baths

Bathrooms Full:

5
Bathrooms Total:

5

Heating & Cooling

Heating:

Hot Water, Natural Gas

Utilities

Water Source:

Public
Number Of Separate Gas Meters:

3
Number Of Separate Electric Meters:

3

Appliances

Appliances:

Gas Water Heater

Schools

High School:

Newtown High School
High School District:

Queens24
Middle School:

Corona Arts And Sciences Academy

The Community

Association:

false
Seasonal:

No
Senior Community:

false
Additional Fees:

No
Pool Private:

false
Spa:

false

Parking

Parking Features:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/19/24 Nov 19, 2024	Listed / Active	ONEKEY	$1,349,000

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This multifamily located in Northwestern Queens, New York, NY 11368 is currently for sale for $1,349,000. 102 18 37th Avenue is a – square foot multifamily with 8 beds and 5 baths that has been on Estately for 10 days. 102 18 37th Avenue is in the Northwestern Queens neighborhood of New York and has a WalkScore® of 93, making it a walker’s paradise.

Listing Courtesy of: ONEKEY and Daniel Gale Sothebys Intl Rlty.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.