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    16003 Sanford Ave Flushing, NY 11358

    For Sale
    $2,730,000

    Newer construction multifamily property in a convenient Flushing location.

    Lot size:
    0.07 Acres

    Property Features for 16003 Sanford Ave

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    2017

    Source: AAA Young Shuen Realty Inc Agent Hui Fang Chen

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

    Overview

    Flushing Legal 5-Family Building

    This is a 9-year new legal 5-family brick building located in a convenient neighborhood and newly emerging business district of Flushing. The property is zoned R5B. It is located close to public transportation, including bus routes #13, #28, and QM3, as well as the LIRR Broadway station and Northern Blvd, which features shops, restaurants, and supermarkets. The building includes 4 private parking spaces with a private driveway. The high ceiling basement has a separate entrance and washer plus dryer. The 2nd and 3rd floors feature front and rear balconies. The property is noted as a great investment.
    Insight Report 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
    -73.805358
    Latitude
    40.760773

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    FAQs

    What type of property is this?
    Apartment building - Newer construction multifamily property in a convenient Flushing location.
    Where is this apartment building located?
    The property is located at 16003 Sanford Ave Flushing, NY.
    What is the asking price?
    The asking price for this property is $2,730,000.
    What are key features of this property?
    This property features: - Legal 5-family brick building in a convenient Flushing location.; - High income potential with low annual property tax ($2,370).; - Enjoy the convenience of four private parking spaces with a private driveway.
    (917) 681-7009
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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
    16003 Sanford Ave Flushing, NY 11358
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