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    32-24 75Th St Flushing, NY 11370

    For Sale
    $1,488,800

    Gut-renovated two-family with approved three-family conversion potential.

    Lot size:
    0.06 Acres

    Property Features for 32-24 75Th St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1960

    Source: Realty 2000 Corp Agent George Scoufaras

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Two-Family with Conversion Potential

    This is a gut-renovated legal two-family apartment building with a walk-in. It is approved for legal three-family conversion, though the buyer must finish the conversion process. The building features new hardwood floors, electrical systems, plumbing, kitchen cabinets, granite countertops, dishwashers, stainless steel appliances, and bathrooms. The property includes large bedrooms and ample closet space. Located steps away from Northern Blvd, the building is close to various amenities. Parking is available. The property also features a spacious backyard with access from the first and second floors off a balcony.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -73.895079
    Latitude
    40.770847

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    FAQs

    What type of property is this?
    Multifamily property - Gut-renovated two-family with approved three-family conversion potential.
    Where is this multifamily property located?
    The property is located at 32-24 75Th St Flushing, NY.
    What is the asking price?
    The asking price for this property is $1,488,800.
    What are key features of this property?
    This property features: - Approved for legal three-family conversion (buyer must finish process).; - Gut renovated with brand new hardwood floors, electrical, plumbing, kitchen cabinets, granite countertops, stainless steel appliances, and bathrooms.; - Legal two-family apartment building with walk-in.
    (718) 204-1111
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    32-24 75Th St Flushing, NY 11370
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    Flushing, NY 11370
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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
    32-24 75Th St Flushing, NY 11370
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