Mixed-Unit Multifamily
For Sale
$15,000,000
35-07 147 Street, Flushing, NY 11354
54 fully occupied units consist of 1-bed and 2-bed apartments in an R7-1 zoned building.
Property Size60,125 SF
Price / SF$249.48
Days on Market48
Property Features for 35-07 147 Street
General Information
Standard status
Active
Size
60,125 SF
Zoning
R7-1
Occupancy
100%
Net Operating Income
$729,333
Additional Details
Business Included
Yes
Multifamily Units
54
Amenities
Active
New Listing
2026-02-23T00:00:00+00:00
IDX
yes
Square Feet
Central Air
Oil
Finished
6
Public Sewer
Electricity Connected, Natural Gas Connected
Public
13959
Con-Edison
Driveway
no
193
54
Brick
Building Details
Building Size
60,125 SF
Year Built
1931
Buildings
193
Tenancy
Multi
Listing Agency:
(845) 304-5353
Listed By:
Michael Galgano
(845) 304-5353
Source:
Startpackingtoday.idxbroker
Added: Jul 4
Changed: Aug 8
Last Checked: Aug 20 at 4:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Galgano
Investment Insights
Based on property information with market context.
This multifamily property offers rental income with 54 total, fully occupied apartments, including 27 one-bedroom units and 27 two-bedroom units. The building is identified as being in an R7-1 zoning district.
Public remarks indicate a convenient transit and retail setting, with a bus in front of the property and access to the LIRR (Murray Station) reportedly about five minutes away. The property is also described as being convenient to Northern Boulevard, with nearby businesses including a Dali Store, Dunkin Donuts restaurant, and a pharmacy.
As presented, the building’s unit mix and current occupancy make it a straightforward income-focused residential asset for prospective buyers.
Public remarks indicate a convenient transit and retail setting, with a bus in front of the property and access to the LIRR (Murray Station) reportedly about five minutes away. The property is also described as being convenient to Northern Boulevard, with nearby businesses including a Dali Store, Dunkin Donuts restaurant, and a pharmacy.
As presented, the building’s unit mix and current occupancy make it a straightforward income-focused residential asset for prospective buyers.
Key Highlights
- 54 fully occupied apartments in an R7‑1 zoned building (1‑bed: 27 units; 2‑bed: 27 units)
- Brick 6‑story multifamily building built in 1931 with finished basement and elevator
- Central air cooling; oil heating; basement is finished
Property Analytics
Property Profile
Current Use
Lease Details
54
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
Explore this area
Business Placement
Demographics for 11354, NY
61,276
Population
22,979
Households
2.7
Avg Household Size
45
Median Age
33%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
27,853
Density / Sq Mi
$62,833
Median Household Income
$40,404
Median Earnings
$1,766
Median Rent
$521,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 54 fully occupied units consist of 1-bed and 2-bed apartments in an R7-1 zoned building.
Where is this apartment building located?
The property is located at 35-07 147 Street Flushing, NY.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: 54 fully occupied apartments in an R7‑1 zoned building (1‑bed: 27 units; 2‑bed: 27 units); Brick 6‑story multifamily building built in 1931 with finished basement and elevator; Central air cooling; oil heating; basement is finished
