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Income Property with Tax Abatement

32-24 137TH Street Flushing, NY 11354

32-24 137TH Street, Flushing, NY, 11354
$3,388,000
For Sale
$3,388,000

MULTI_FAMILY - Flushing, NY

Lot Size0.06 Acres
Days on Market125

Property Features for 32-24 137TH Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Rooms
Basement
Parking
4
Parking features
Driveway, Parking Lot, Assigned
Basement
Finished, Full
Appliances
Dryer, Gas Cooktop, Gas Oven, Refrigerator, Washer, Gas Water Heater
Standard status
Active
APN
04952-0034
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3615

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard, Hot Water(Heating), Electric (Heating)
Water source
Public

Building Details

Year built
2015
Floors in Building
4
Number of units
8
Flooring type
Tile - Ceramic
Listing agency E Realty International Corp
Listed by Yanjuan Chen · License #10401388737
Added: Mar 20 Updated: Jul 13 at 8:30AM Checked: Jul 22 at 9:06AM
MLS# 974518

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This is an eight-family income-producing property located in Flushing, New York. The property benefits from a tax abatement that remains in place until 2031, providing 5 years of tax benefits. The lot size is 0.0567 acres. The zoning is R-2.

Key Highlights

  • Eight‑family income‑producing property with tax abatement in place until 2031 (5 years remaining)
  • Built in 2015
  • Public water and public sewer

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Nursing Home Garden Center Law Firm Pet Grooming Service Tattoo & Piercing Shop Travel Agency

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

FAQs

What type of property is this?
Apartment building - Eight-family property in Flushing with tax abatement until 2031.
Where is this apartment building located?
The property is located at 32-24 137TH Street Flushing, NY.
What is the asking price?
The asking price for this property is $3,388,000.
What are key features of this property?
This property features: Eight‑family income‑producing property with tax abatement in place until 2031 (5 years remaining); Built in 2015; Public water and public sewer
Contact an agent
More about this property
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