$1,425,000
$1,575,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
0.6 Acres Lot
SOLD DATE : 11/17/2021
Key Details
Sold Price $1,425,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6126407
Sold Date 11/17/21
Originating Board onekey2
Rental Info No
Year Built 1929
Lot Size 0.597 Acres
Acres 0.597
Property Description
FIRST TIME OFFERED IN 76 YEARS! This is a 6 story, 103,000+/-SF, condo-coop building with 9 available coop apartments. The value of these units is their RESALE. They are being sold in bulk for $175k per unit. Value in resale market is much higher. One unit is currently vacant the others have short term leases. Property is located on the NE corner of Sandford Avenue and Main Street, in Flushing, NY. One unit is vacant and the others are rented. Value of the apartments is in the RESALE value. All apartments must be sold together. They are being sold for $175,000 each and will bear much more on the open market if sold individually. Building has 133+/-’ of frontage on Sanford and 200+/-’ on Main Street. 2 Elevators. Easy access to subways, buses, LIE, GCP, Cross Island, Whitestone Expressway, Northern Blvd. and LIRR. Property family owned and managed since 1945. Same owner is also selling ground floor retail of 10,000+/-sf featuring 11 long-term ground floor commercial tenants. See MLS#6126412.
Location
State NY
County Queens
Interior
Heating Natural Gas, Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Building
Water Public
Others
Special Listing Condition None
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