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    42-45 Kissena Blvd, Unit 5B Flushing, NY 11355

    For Sale
    $305,000

    One-bedroom apartment near subway, LIRR, shopping, and restaurants.

    Building Details

    Year built
    1956

    Source: Buyer Representation Office Agent Non Member-MLS

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

    Overview

    Freshly Painted Apartment Near Transportation

    This freshly painted one-bedroom apartment is quietly situated at the back of the building, facing north. The building is well-managed and requires owner occupancy for the first three years, after which subletting is allowed. A $7,000 flip tax and a $2,500 reserve contribution are paid by the buyer. Income and credit checks are required, and pets are not permitted. The apartment is ideally located near the 7 subway, Long Island Rail Road, shopping, and restaurants.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -73.82859
    Latitude
    40.757634

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    FAQs

    What type of property is this?
    Apartment building - One-bedroom apartment near subway, LIRR, shopping, and restaurants.
    Where is this apartment building located?
    The property is located at 42-45 Kissena Blvd, Unit 5B Flushing, NY.
    What is the asking price?
    The asking price for this property is $305,000.
    What are key features of this property?
    This property features: - Prime location near the 7 subway, Long Island Rail Road, shopping, and restaurants.; - Freshly painted and move-in ready.; - Quiet north-facing unit at the back of the building.
    000000
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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
    42-45 Kissena Blvd, Unit 5B Flushing, NY 11355
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