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    150-48 Melbourne Ave, Unit 254B Flushing, NY 11367

    For Sale
    $260,000

    Bright one-bedroom co-op with parking and convenient location.

    Building Details

    Year built
    1951

    Source: Daniel Gale Sothebys Intl Rlty Agent Felice Lisa Adwar

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

    Overview

    Spacious Co-op in Georgetown Mews

    This spacious and bright one-bedroom unit is located on the second floor of the Georgetown Mews co-op development. The unit features a large living area, a separate dining area, a galley kitchen, a bedroom, a full bathroom, and ample closet space. The co-op is conveniently located minutes from major highways, airports, and bridges, as well as Queens College. Residents have easy access to shopping, dining, parks, and transportation, including Express Buses QM4, QM5, Q64, Q25, Q34 and to EFMR train/LIRR. The monthly maintenance fee covers common charges, exterior maintenance, gas, groundskeeping, heat, hot water, sewer, trash removal, snow removal, and two off-street parking spots. The building has an on-site superintendent. The co-op is pet-friendly, allowing cats or dogs with weight restrictions, subject to board approval. Subletting is permissible with board approval. The building is located at 150-48 Melbourne Ave, Queens, NY.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -73.823815
    Latitude
    40.734165

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    FAQs

    What type of property is this?
    Apartment building - Bright one-bedroom co-op with parking and convenient location.
    Where is this apartment building located?
    The property is located at 150-48 Melbourne Ave, Unit 254B Flushing, NY.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Spacious one-bedroom unit with separate dining area and ample closet space.; - Includes 2 off-street parking spots.; - Monthly maintenance covers extensive utilities and services: gas, heat, hot water, sewer, trash, snow removal, groundskeeping, and exterior maintenance.
    (516) 702-2100
    Request Owner's contact information
    150-48 Melbourne Ave, Unit 254B Flushing, NY 11367
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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
    150-48 Melbourne Ave, Unit 254B Flushing, NY 11367
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