16109 72nd Ave - Apartments FOR SALE


Fresh Meadows, NY 11365
$3,380,000 USD
917-859-7718
16109 72nd Ave, Fresh Meadows, NY for Sale
$3,380,000 USD
Apartments - FOR SALE
1/12
null | 5% Cap Rate

16109 72nd Ave
Fresh Meadows, NY 11365


OVERVIEW

Modern 8-Unit Apartment Building in Prime Flushing Location – Built in 2020 Discover this newly built (2020) 8-unit apartment building in the heart of Flushing, offering a prime investment opportunity in one of Queens’ most vibrant neighborhoods. The building features six single units and two spacious duplexes, designed with modern, stylish finishes to attract today’s renters. Conveniently located, it offers an easy 20–30 minute commute to downtown Manhattan, making it highly desirable for both students and professionals. Just one mile from St. John’s University and Queens College, the property benefits from a steady tenant base of students and working professionals, ensuring stable rental income. Residents enjoy on-site washers and dryers in the basement and have access to a variety of nearby restaurants, markets, and essential services. With strong demand in this sought-after area, this property presents an excellent opportunity for investors seeking a secure and high-yield rental asset. Don’t miss out on this exceptional investment—contact us today for more details!

FOR SALE DETAILS

PRICE

$3,380,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

8

PRICE/UNIT

$422,500

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6

APN/PARCEL ID

06800-0006

ASK ABOUT THIS PROPERTY

Huailing DengDaniel Gale Sotheby's International RealtyMore Info
917-859-7718

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Huailing DengDaniel Gale Sotheby's International RealtyMore Info
917-859-7718

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.