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    32-24 137Th St Flushing, NY 11354

    For Sale
    $3,390,000

    Multi Family - Flushing, NY

    Type:Single Family Attached
    Property size:
    5,286 SF
    Lot size:
    0.06 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 32-24 137Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    R-2
    Rooms
    Basement
    APN
    04952-0034
    Parking
    4
    Parking features
    Assigned, Driveway, Parking Lot
    Basement Y/N
    1
    Appliances
    Cooktop, Cooktop - Gas, Dryer, Oven - Gas, Refrigerator
    Size
    5,286 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Hot Water (Heating), Natural Gas

    Building Details

    Year built
    2015
    Number of units
    8
    Flooring type
    Tile, Tile - Ceramic
    Architectural style
    Other

    E REALTY INTERNATIONAL CORP. (718) 886-8110 [email protected]

    Listing agent Yanjuan Chen (718) 886-8110 License #10401388737

    Listing date Oct 17, 2025

    MLS# 925743 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flushing Multifamily Property with Abatement

    This multifamily property is located in Flushing, NY. The property is an eight-family, income-producing building. It benefits from a tax abatement that remains in place until 2031, with 5 years remaining. The property has a size of 5286 square feet and is situated on a lot of 0.0567 acres. The zoning is R-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.83231
    Latitude
    40.78709

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    FAQs

    What type of property is this?
    Apartment building - Eight-family income property in Flushing, NY with tax abatement.
    Where is this apartment building located?
    The property is located at 32-24 137Th St Flushing, NY.
    What is the asking price?
    The asking price for this property is $3,390,000.
    What are key features of this property?
    This property features: - Income-producing eight-family property.; - Tax abatement in place until 2031 (5 years remaining).; - Built in 2015.
    (718) 886-8110
    Request Owner's contact information
    32-24 137Th St Flushing, NY 11354
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    Flushing, NY 11354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    32-24 137Th St Flushing, NY 11354
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