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    150-62 Melbourne Ave, Unit 261B Flushing, NY 11367

    For Sale
    $290,000

    Spacious, sun-filled one-bedroom apartment with updated features and ample storage.

    Building Details

    Year built
    1951

    Source: Oxford Property Group USA Agent Avi Baron CBR

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

    Overview

    Renovated Apartment in Georgetown Mews

    This renovated one-bedroom garden apartment is located in the Georgetown Mews Co-op. Situated on the second floor, the residence features 10-foot ceilings and a generously sized living room with hardwood floors. The apartment includes an updated kitchen and bathroom, as well as closet and attic space for storage. The co-op is located near local and express bus lines (Q25, Q34, Q64), parks, shops, the Long Island Expressway, and Queens College. Maintenance covers taxes, heat, and water, and includes two free parking stickers for the private lot. Optional garage parking is available for $120 per month. Subletting is permitted with board approval. There is no flip tax.
    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 - Spacious, sun-filled one-bedroom apartment with updated features and ample storage.
    Where is this apartment building located?
    The property is located at 150-62 Melbourne Ave, Unit 261B Flushing, NY.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Spacious, sun-filled one-bedroom featuring 10-foot ceilings and hardwood floors.; - Renovated apartment with updated kitchen and bathroom.; - All-inclusive maintenance (taxes, heat, water) and two free parking stickers.
    (347) 724-9363
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    150-62 Melbourne Ave, Unit 261B 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
    150-62 Melbourne Ave, Unit 261B Flushing, NY 11367
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