COMMERCIAL
Address: ‎144-45 37th Avenue
Zip Code: 11354
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$3,718,000
MLS # 1035393
English
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Skylux Realty Inc Office: ‍718-500-2231

$3,718,000 - 144-45 37th Avenue, Flushing, NY 11354|MLS # 1035393

MLS #‎ 1035393
Construction Year2001
Taxes
(per year)
$54,687
Fuel TypeGas
Heat typeHot water
Air
Conditioning
Wall Unit AC
Bus2 min: Q13, Q28, QM3
5 min: Q15, Q15A
6 min: Q12, Q26
7 min: Q16, Q20A, Q20B, Q44
9 min: Q65
10 min: Q25, Q34, Q50
LIRR0.4 miles: "Murray Hill"
0.7 miles: "Flushing Main Street"
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房屋英文概況 English Description

Exceptional 16-Unit Multifamily Investment Opportunity in Murray Hill, Flushing. Rare opportunity to acquire 144-45 & 144-47 37th Avenue, two adjacent brick buildings offered together as a 16-unit multifamily portfolio. Situated on an approximately 50' x 112' lot with a combined building size of approximately 11,970 SF, the property consists of 8 one-bedroom/one-bath units, 8 two-bedroom/one-bath units, and 10 on-site parking spaces. The property generates approximately $350,000 in annual gross rental income with annual operating expenses of approximately $165,000, resulting in a Net Operating Income (NOI) of approximately $185,000. Each building has separate boilers, electric and gas meters, and tenants pay their own utilities, providing efficient operations and strong cash flow. Ideally located in the highly desirable Murray Hill section of Flushing, just minutes from the Murray Hill LIRR Station and the Flushing–Main Street 7 subway station, with convenient access to Downtown Flushing's shopping, restaurants, supermarkets, banks, and everyday amenities. A rare opportunity to acquire a stabilized, income-producing multifamily asset in one of Queens' strongest rental markets. Ideal for investors seeking stable cash flow, long-term appreciation, portfolio expansion, a potential condominium conversion (subject to approvals), or a 1031 Exchange.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Skylux Realty Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Courtesy of Skylux Realty Inc

公司: ‍347-226-0870




$3,718,000
COMMERCIAL
MLS # 1035393
‎144-45 37th Avenue
Flushing, NY 11354


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