Six-Story Elevator Apartment
For Sale
Contact for pricing
Pending
142 -27 Barclay Ave, Flushing, NY 11355
Fifty-unit multifamily property with varied apartment layouts, tenant laundry facilities, and an on-site garage.
Property Size40,991 SF
Lot Size0.21 Acres
Days on Market144
Property Features for 142 -27 Barclay Ave
General Information
Standard status
Pending
Size
40,991 SF
Total Parking Spaces
15
Elevators
Yes
Lot size
0.21 Acres
Property subtype
Multifamily
Zoning
R7-1
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
26 x studio, 12 x very large studio (convertible to 1BR), 12 x 2BR
Multifamily Units
50
Amenities
garage
laundry room
Building Details
Year Built
1962
Buildings
1
Stories
6
Listing Agency:
Highcap Group
Listed By:
Anthony Fornabaio · License #NY 10491205557
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 9:53PM
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 Highcap Group
Investment Insights
Based on property information with market context.
Built in 1962, this six-story elevator apartment property contains 50 units across 40,991 gross square feet. The unit mix includes 26 studios, 12 oversized studios that can be converted to one-bedroom layouts, and 12 two-bedroom apartments. Tenancy includes 28 free-market units, 7 RS preferential units, and 15 rent-stabilized units. A 15-car garage and laundry room serve the building.
The property occupies a 9,150-square-foot parcel measuring 75 by 122 feet and is located within an R7-1 district with a 3.44 FAR. The building is described as overbuilt. Transportation options in the surrounding area include the Main Street Flushing #7 subway station, the Long Island Railroad Main Street station on the Port Washington branch, and Q44, Q20A, and Q20B bus routes. Downtown Flushing offers shopping and dining, while nearby cultural and recreational destinations include Citi Field, Queens Botanical Garden, the Queens Museum, Flushing Meadows Corona Park, Flushing Town Hall, and the Queens Historical Society.
The property occupies a 9,150-square-foot parcel measuring 75 by 122 feet and is located within an R7-1 district with a 3.44 FAR. The building is described as overbuilt. Transportation options in the surrounding area include the Main Street Flushing #7 subway station, the Long Island Railroad Main Street station on the Port Washington branch, and Q44, Q20A, and Q20B bus routes. Downtown Flushing offers shopping and dining, while nearby cultural and recreational destinations include Citi Field, Queens Botanical Garden, the Queens Museum, Flushing Meadows Corona Park, Flushing Town Hall, and the Queens Historical Society.
Key Highlights
- 50‑unit apartment building with 40,991 gross square feet
- Unit mix includes 26 studios, 12 convertible oversized studios, and 12 two‑bedroom apartments
- 28 free‑market, 7 RS preferential, and 15 rent‑stabilized units
Property Analytics
Current Use
Lease Details
50
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
11,141
Businesses Nearby
Explore this area
Business Placement
Demographics for 11355, NY
89,465
Population
32,049
Households
2.8
Avg Household Size
44
Median Age
24%
College-Educated
70%
High-School Grad
1.7 sq mi
ZIP Area
52,626
Density / Sq Mi
$53,700
Median Household Income
$31,166
Median Earnings
$1,664
Median Rent
$711,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fifty-unit multifamily property with varied apartment layouts, tenant laundry facilities, and an on-site garage.
Where is this apartment building located?
The property is located at 142 -27 Barclay Ave Flushing, NY.
What are key features of this property?
This property features: 50‑unit apartment building with 40,991 gross square feet; Unit mix includes 26 studios, 12 convertible oversized studios, and 12 two‑bedroom apartments; 28 free‑market, 7 RS preferential, and 15 rent‑stabilized units
