For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

18-21 Grove St Flushing, NY 11385

Loading data...
Loading data...
Loading data...
For Sale
$4,130,000

Newly built Ridgewood six-family with high income potential.

Lot size:
0.06 Acres

Property Features for 18-21 Grove St

General Information

Lot size
0.06 Acres

Building Details

Year built
2024

Source: Sweet Key Realty Group Inc Agent Qun D. Lin

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


Overview

Turnkey Six-Family Investment Property

This is a newly built six-family property located in Ridgewood, offering a turnkey investment opportunity. The building features a full finished basement with a laundry room and rentable storage spaces. Andersen windows and doors are installed throughout the building. The property offers Manhattan skyline views, a finished terrace, and balconies. Each unit is equipped with hardwood floors, high-end appliances, LED energy-saving lighting, and luxury bath vanities. Tenants are responsible for all utility payments. The property is located within walking distance of the M and L train lines. The building size is 4964 square feet. The property is fully rented at market rates, generating an annual income of over $273,000.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
-73.911204
Latitude
40.702418

FAQs

What type of property is this?
Apartment building - Newly built Ridgewood six-family with high income potential.
Where is this apartment building located?
The property is located at 18-21 Grove St Flushing, NY.
What is the asking price?
The asking price for this property is $4,130,000.
What are key features of this property?
This property features: - High Income Property: Enjoy $273,000+ annual rent from this free market rented building.; - Newly Built (2024) Six Family Building: A turnkey investment opportunity awaits.; - Prime Location: Walk to the M-train and L-train in Ridgewood.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message