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54-Unit Brick Apartment Building
For Sale
$12,000,000

35-07 147 Street, Flushing, NY 11354

Commercial Sale, Flushing, NY

Property Size60,125 SF
Lot Size0.32 Acres
Price / SF$199.58
Days on Market197

Property Features for 35-07 147 Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R7-1
Rooms Basement
Parking features Driveway
Basement Finished
Directions Google Map
Standard status Active
APN 112319
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 1123

Utilities

Sewer type Public Sewer
Heating system Oil
Cooling system Central Air
Water source Public

Building Details

Year built 1931
Floors in Building 6
Number of units 54
Building materials Brick
Listing Agency: Promise Realty LLC
Listed By: Hye E. Moon · License #10401211075
Added: Feb 21 Changed: Sep 4 Last Checked: Sep 6 at 10:06PM
MLS# 955315

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 brick apartment property contains 54 residential units within approximately 60,125 square feet. The configuration includes 27 one-bedroom apartments and 27 two-bedroom apartments, with every unit currently occupied. Built in 1931, the building has central air, oil heat, a basement, a driveway, and public water and sewer service.

The property is located in Flushing, approximately five minutes from the LIRR’s Murray Station. Bus service is positioned in front of the building, while Northern Boulevard provides access to nearby retail and service businesses, including Dali Store, Dunkin’ Donuts, and a pharmacy. R7-1 zoning supports the existing apartment-building use and the property is offered for sale.

Key Highlights

  • 54 total units: 27 one‑bedroom and 27 two‑bedroom apartments
  • Building size: 60125 square feet
  • All 54 units are occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Barber Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

54
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

927
Businesses Nearby

Demographics for 11354, NY

61,276
Population
22,979
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
27,853
Density / Sq Mi
$62,833
Median Household Income
$40,404
Median Earnings
$1,766
Median Rent
$521,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Income-producing multifamily property with a balanced one- and two-bedroom unit mix and R7-1 zoning.
Where is this apartment building located?
The property is located at 35-07 147 Street Flushing, NY.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 54 total units: 27 one‑bedroom and 27 two‑bedroom apartments; Building size: 60125 square feet; All 54 units are occupied
More about this property
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