Approved for conversion into condos, this property spans 63,325 gross square feet in total with 64 residential units. The garage accommodates 21 parking spaces over 7,200 square feet. Downtown Flushing has one of the highest foot traffic counts in New York City. There are numerous developments underway in Flushing and this property is right off the area’s epicenter at Main Street and Sanford Ave.
CONVERT INTO CONDOS: 64-unit elevator building in the heart of downtown Flushing
Gross Income: $1,238,325 ; Expenses: $469,901 ; Net Operating Income: $768,424
64-unit Apartment Building ; Prime Downtown Flushing Location
Easy access to all the public transportation via Subway, Long Island Rail Road & bus lines 21 above-ground parking spots