For Sale
$4,498,000

35-54 95 St Queens, NY 11372

20-Unit Apartment Building, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 20-unit apartment building, located at 35-54 95th St in Queens, NY 11372, presents a compelling investment opportunity. The property boasts 15,500 square feet on a 0.13-acre lot (55 x 100 feet), spread across five stories and built in 1928. All 20 units are two-bedroom apartments, currently stabilized and enjoying a low vacancy rate, ensuring a stable cash flow. The building has been diligently maintained by the owner, with recent upgrades including a new boiler and burner installed in December 2020. Its prime location offers convenient access to public transportation, just one block from the #7 train, providing a quick 25-minute commute to Manhattan. The surrounding area is vibrant and features a variety of retail establishments, including Rite Aid, Chase Bank, IHOP, and City MD, enhancing the property's appeal and potential for future growth. This property is ideally suited for investors seeking a strong, cash-flowing asset and presents itself as a potentially attractive 1031 exchange opportunity. The asking price is $4,498,000. Further details are available upon request.

Highlights

  • $4,498,000 asking price.
  • 20-unit multifamily apartment building.
  • 15,500 square feet.
  • Built in 1928, five stories.
  • 0.13-acre lot, located at 35-54 95th St, Queens, NY 11372.

Property Details for 35-54 95 St

Property type
Apartment buildings
Square Feet
15,500 SF
Year Built
1928
Stories
5
Lot Size (sq. ft)
5,663 SF
Units
20

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7514704
Longitude
-73.8725995

FAQs

What type of property is this?
Apartment building - 20-Unit Apartment Building, High ROI Potential
Where is the apartment building located?
The property is located at 35-54 95 St Queens, NY.
What is the asking price?
The asking price for this property is $4,498,000.
What are key features of this property?
This property features: $4,498,000 asking price.; 20-unit multifamily apartment building.; 15,500 square feet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
35-54 95 St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message