Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    43-12 104Th St Flushing, NY 11368

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,090,000

    New construction multifamily building in Corona, Queens with tax abatement.

    Lot size:
    0.06 Acres

    Property Features for 43-12 104Th St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    2005

    Source: Tiger Realty Agent XueYan (Maggie) LI

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

    Overview

    New Construction Multifamily Building

    A new construction building located in Corona, Queens, New York is available for purchase. The property benefits from a tax abatement that is good for another 9 years. Each unit features a living room, kitchen, full bathroom, and one bedroom. The building has separate boilers and water heaters for each unit. The gross yearly rent roll is $119,100, with a net of $109,109. A laundry store is located nearby. The investment cap rate is approximately 5.5%.
    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
    -73.864824
    Latitude
    40.760309

    Nearby Similar for Sale

    • $2,249,000
      0.05 Acres

      Ridgewood Multifamily in Historic District

      Well-maintained Ridgewood multifamily property near transportation and amenities.
      6046 Putnam Ave, Ridgewood, NY 11385
      View Details
    • $1,148,888
      Pending

      Charming Whitestone Duplex with Large Yard

      Well-maintained two-family home in prime Whitestone with a private backyard.
      163 15Th Dr, Whitestone, NY 11357
      View Details
    • $1,499,999
      0.15 Acres

      Two-Family Home in Rego Park

      Two-family brick home in the heart of Rego Park.
      66-11 Burns St, Rego Park, NY 11374
      View Details
    • New
      $2,500,000
      0.13 Acres

      Flushing Two-Family Home Near Northern Blvd

      Two-family home near Northern Blvd, convenient location, renovated in 2014.
      35-35 155Th St, Flushing, NY 11354
      View Details
    • New
      $1,299,000
      Pending

      Six-Family Building in Woodside

      Six-family building near transportation, delivered mostly vacant.
      37-37 64Th St, Woodside, NY 11377
      View Details
    • $2,288,000

      New Brick Triplex in Ridgewood

      Newly built Ridgewood triplex with modern layouts and parking.
      6014 Menahan St, Ridgewood, NY 11385
      View Details

    FAQs

    What type of property is this?
    Apartment building - New construction multifamily building in Corona, Queens with tax abatement.
    Where is this apartment building located?
    The property is located at 43-12 104Th St Flushing, NY.
    What is the asking price?
    The asking price for this property is $2,090,000.
    What are key features of this property?
    This property features: - 13 Years Remaining on Tax Abatement; - High Net Yearly Income ($109,109); - Approximately 5.5% Investment Cap Rate
    (917) 708-9966
    Request Owner's contact information
    43-12 104Th St Flushing, NY 11368
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    43-12 104Th St
    Flushing, NY 11368
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    43-12 104Th St Flushing, NY 11368
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.