5206 Roosevelt Ave Flushing, NY 11377-4581
- Apartment buildings
- 4,480 SF
- 0.05 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 5206 Roosevelt Ave
- Year built
- 2004
- Lot size
- 0.05 lot acres
- Property size
- 4,480 SF
- Zone code
- R6
- Property type
- Apartment buildings
- APN
- 01321-0055
- APU
- 13210055
Description
This exceptional five-family brick building in Woodside, NY, presents a lucrative investment opportunity. The property, situated at 5206 Roosevelt Avenue, boasts a substantial 4,480 square feet of living space spread across four floors, plus a full finished walk-out basement. The building dimensions are 20 feet by 56 feet, situated on a 2,131 square foot lot. The layout includes a diverse mix of units: the first floor offers a two-bedroom, two-bathroom unit with high conversion potential for commercial use, such as a store or office. The second and third floors each feature three-bedroom, two-bathroom units, while the fourth floor comprises two separate one-bedroom, one-bathroom units. The finished basement provides significant additional space and convenient backyard access. The property is equipped with five individual boilers and five individual heaters, ensuring efficient and independent climate control for each unit. Its prime location on Roosevelt Avenue offers unparalleled convenience, with proximity to an array of shops, restaurants, parks, and schools. Excellent public transportation is readily available, including the 7 train, LIRR access, and numerous bus routes. Manhattan is just a 15-minute commute away, making this property ideal for both residential and commercial ventures. The property also features a separate hot water heater. This is a rare opportunity to acquire a well-maintained, high-potential multifamily building in a highly desirable and rapidly developing neighborhood.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $330,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $250,000
Market price range: $189k - $341k
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Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.9122
- Latitude
- 40.744
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA