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Flushing Multifamily Investment Opportunity

35-07 147 Street Flushing, NY 11354

35-07 147 Street, Flushing, NY, 11354
$15,000,000
For Sale
$15,000,000

MULTI_FAMILY - Flushing, NY

Property Size60,125 SF
Lot Size0.32 Acres
Price / SF$249.48
Days on Market151

Property Features for 35-07 147 Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R7-1
Rooms
Basement
Parking features
Driveway
Basement
Finished
Standard status
Active
APN
112319
Size
60,125 SF
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 Updated: May 12 at 9:26PM Checked: Jul 22 at 1:06PM
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.

Located in the center of Flushing, this multifamily property is situated within 5 minutes of the Long Island Rail Road's Murray Station and has a bus stop in front of the building. The property is conveniently located near Northern Boulevard, with access to amenities such as a Dali store, Dunkin Donuts, a restaurant, and a pharmacy. The property, zoned R7-1, is suitable for investment and development. The building size is 60125 square feet and contains 54 units. There are 27 one-bedroom units and 27 two-bedroom units, and all units are occupied.

Key Highlights

  • Prime location in the center of Flushing, 5 minutes to LIRR (Murray Station).
  • High rental income from 54 occupied units (27 x 1‑bed, 27 x 2‑bed).
  • R7‑1 Zoning offers investment and development potential.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Barber Shop Garden Center Travel Agency Bar & Pub Hotel & Motel Nursing Home

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

FAQs

What type of property is this?
Apartment building - Prime Flushing location, investment/development opportunity near LIRR and Northern Blvd.
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 $15,000,000.
What are key features of this property?
This property features: Prime location in the center of Flushing, 5 minutes to LIRR (Murray Station).; High rental income from 54 occupied units (27 x 1‑bed, 27 x 2‑bed).; R7‑1 Zoning offers investment and development potential.
Contact an agent
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