Fully Renovated 3-Family
For Sale
$1,800,000
42-38 159th St, Flushing, NY 11358
Three-family property with seven bedrooms and four bathrooms, featuring separately metered utilities paid by tenants.
Property SizeContact for details
Days on Market187
Property Features for 42-38 159th St
General Information
Standard status
Active
Property subtype
MultiFamily Apartments
Additional Details
Multifamily Units
3
Building Details
Year Renovated
2018
Listing Agency:
American Investment Properties
(516) 393-2300
Listed By:
Ron Koenigsberg · License #31K00933350
(516) 393-2300
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 14
Last Checked: Jul 23 at 3:42PM
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 American Investment Properties
Investment Insights
Based on property information with market context.
This fully renovated 3-family property was renovated in 2018 and offers seven bedrooms and four bathrooms across the building. All utilities are separately metered and fully paid by tenants.
The property is positioned in a prime Flushing area and is described as having low taxes and strong income production.
As a residential income property with separate utility billing, it is set up for tenant-managed operating costs and straightforward multi-family ownership or investment planning.
The property is positioned in a prime Flushing area and is described as having low taxes and strong income production.
As a residential income property with separate utility billing, it is set up for tenant-managed operating costs and straightforward multi-family ownership or investment planning.
Key Highlights
- Three‑family property with 7 bedrooms and 4 bathrooms
- All utilities are separately metered and paid by tenants
- Fully renovated in 2018
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 11358, NY
40,435
Population
13,806
Households
2.9
Avg Household Size
43
Median Age
37%
College-Educated
84%
High-School Grad
2.0 sq mi
ZIP Area
20,218
Density / Sq Mi
$88,729
Median Household Income
$46,875
Median Earnings
$2,086
Median Rent
$967,200
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?
Triplex - Three-family property with seven bedrooms and four bathrooms, featuring separately metered utilities paid by tenants.
Where is this triplex located?
The property is located at 42-38 159th St Flushing, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Three‑family property with 7 bedrooms and 4 bathrooms; All utilities are separately metered and paid by tenants; Fully renovated in 2018
