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    3351 Prince St Flushing, NY 11354

    For Sale
    $5,400,000

    Twelve-unit multi-family in thriving Flushing.

    Property size:
    4,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a twelve-unit multi-family building located at 3351 Prince Street in the vibrant Flushing, NY neighborhood. The property boasts a substantial 4,500 square feet of living space situated on a 0.14-acre lot. The building's layout is comprised of three floors, each featuring four individual apartments. Each floor offers a consistent mix of apartment types, providing a balanced rental portfolio. Specifically, each floor contains three one-bedroom apartments and one studio apartment, totaling twelve rental units in all. This configuration offers flexibility for tenant selection and management. The property's location in Flushing provides easy access to a wide array of amenities, including public transportation, shopping, dining, and entertainment options. The strong rental market in Flushing makes this a highly attractive investment for those seeking a stable and potentially high-yielding property. The asking price of $5,400,000 presents a compelling opportunity for investors to acquire a well-established multi-family building in a prime location. This property is being offered as-is. Serious inquiries only. Further details and financial information are available upon request. Don't miss this chance to secure a valuable asset in a rapidly growing market.

    Property Features for 3351 Prince St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,500 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1926
    Property Profile Location Intelligence

    Current Use by Public Records

    Sab systems,inc Electrical Installation Service New York Entertainment ... Corporate Entertainment Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.83313
    Latitude
    40.76506

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    FAQs

    What type of property is this?
    Commercial real estate - Twelve-unit multi-family in thriving Flushing.
    Where is this commercial real estate located?
    The property is located at 3351 Prince St Flushing, NY.
    What is the asking price?
    The asking price for this property is $5,400,000.
    (718) 899-7000
    Request Owner's contact information
    3351 Prince St Flushing, NY 11354
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    Flushing, NY 11354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3351 Prince St Flushing, NY 11354
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