Four-Family Residential
4550 158th Street Flushing, NY 11358
For Sale
$2,080,000
MULTI_FAMILY - Flushing, NY
Property Size3,330 SF
Lot Size0.09 Acres
Price / SF$624.62
Days on Market47
Property Features for 4550 158th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 6, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 2, Basement, Bathroom 4, Bedroom 2, Bathroom 5
- Parking features
- Garage
- Interior features
- First Floor Bedroom
- Basement
- Finished
- Standard status
- Active
- APN
- 05436-0070
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 14407
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 4
- Building materials
- Stucco
Listing Agency:
E Realty International Corp
(718) 886-8110
Listed By:
Xiawei Tang · License #10401286597
(347) 476-5533
Added: Jun 10
Changed: Jul 21
Last Checked: Jul 26 at 1:06PM
MLS# 1011649
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 four-family property features a three-story layout plus a finished basement with a separate entrance, creating flexible arrangements for owner-occupants and investors. The building sits on a 40' x 100' lot and includes an approximately 26' x 54' structure with about 3,330 sq. ft. of interior living space. An oversized driveway is noted as part of the site improvements, supporting convenient day-to-day access and parking considerations.
Located in Flushing, the property is described as being near Kissena Park, supermarkets, and the Main Street shopping district. Public transportation access is highlighted with nearby Q65, Q26, and Q27 bus lines providing direct access to Main Street. Northern Boulevard is noted as only a few blocks away.
For tenants and buyers, the configuration of three stories plus a finished basement with its own entrance can support multiple households under one ownership while keeping day-to-day access practical. The proximity to neighborhood retail and transit makes the building well suited for residential occupants who value convenient access to shopping and commuting options.
Located in Flushing, the property is described as being near Kissena Park, supermarkets, and the Main Street shopping district. Public transportation access is highlighted with nearby Q65, Q26, and Q27 bus lines providing direct access to Main Street. Northern Boulevard is noted as only a few blocks away.
For tenants and buyers, the configuration of three stories plus a finished basement with its own entrance can support multiple households under one ownership while keeping day-to-day access practical. The proximity to neighborhood retail and transit makes the building well suited for residential occupants who value convenient access to shopping and commuting options.
Key Highlights
- 4‑family property built in 1930 with stucco construction
- 40' x 100' lot with a 26' x 54' building and approximately 3,330 sq. ft. of interior living space
- 3 stories plus a finished basement with a separate entrance
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.8k | $46.20 |
| − Vacancy | −$5.8k | −$1.76 |
| EGI | $148.0k | $44.44 |
| − OpEx | −$66.6k | −$20.00 |
| NOI | $81.4k | $24.44 |
3,330 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.16M
$1.02M – $1.36M
NOI $81,400 @ 7.0% cap · market cap 3.91%
Second Best
Multifamily LT 5
$787.4K
$689.0K – $918.6K
NOI $55,117 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$2.45M
$2.15M – $2.86M
NOI $171,844 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-story building with finished basement and separate entrance, offering flexible living and income potential for multiple tenants.
Where is this quadplex located?
The property is located at 4550 158th Street Flushing, NY.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: 4‑family property built in 1930 with stucco construction; 40' x 100' lot with a 26' x 54' building and approximately 3,330 sq. ft. of interior living space; 3 stories plus a finished basement with a separate entrance
