NY > Maspeth
Maspeth, NY 11378,5408 Flushing AVE
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Maspeth, NY 11378,5408 Flushing AVE
Maspeth, NY 11378,5408 Flushing AVE
Maspeth, NY 11378,5408 Flushing AVE
Maspeth, NY 11378,5408 Flushing AVE
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Dwell Snap Team

Dwell Snap Team

+1(860) 306-9136
$ 1,800,000
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5408 Flushing AVE Maspeth, NY 11378

2,726 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 936315

Rental Info No

Year Built 1915

Annual Tax Amount $14,069

Lot Size 2,726 Sqft

Acres 0.0626

Property Sub-Type Multi Family

Source onekey2

Property Description

MASPETH QUEENS MIXED USE INVESTMENT OPPORTUNITY
Maspeth is strategically located only five miles from Manhattan.
It is also located directly east of the super desirable Williamsburg section of Brooklyn. The property is located on 54 street flushing Ave, Valuable desirable property on a very busy commercial street. Shopping on flushing Ave . Near public Transportation, banks and cool restaurants . New buildings nearby the property.

Mixed Use
6 Units residential Walkup Building
2 units commerical

A Three -story brick building, 5835 Square foot . Two (1) Bedroom Residential Apartments approximately 680 square foot each and Four (3) bedroom approximately 1000 square foot each, Pizza Restaurant and bakery and plus fully open basement with 8 foot high ceiling. Two stores are all leased and will expire soon. Residential apartments are all month-by-month no lease. New roof and new boiler. New plumbing and updated electrical. No violations. It can be delivered vacant. up-ground oil tanks.
Financials
Actual Gross Income: 138,000
NOI: 115,150
Cap Rate: 6.4%

54-08 Flushing Avenue
Maspeth, NY 11378
Neighborhood: (Maspeth/Fresh Ponds Section of Queens)

Location

State NY

County Queens

Rooms

Basement Common, Finished, Full, Walk-Out Access

Interior

Heating Oil

Cooling Separate Meters, Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Off Site

Utilities Available Electricity Available, Natural Gas Connected, Phone Available, Trash Collection Public, Water Available, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

Listed by Douglas Elliman Real Estate • Yanbing Li
MARKETING TRENDS
Beds
Baths

Coming Soon

Data provided by Home Junction
Dwell Snap Team

Dwell Snap Team

Agent | License ID: 10401320877

+1(860) 306-9136

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5408 Flushing AVE

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