3-Family Residential
New
For Sale
$2,500,000
13426 35th Avenue, Flushing, NY 11354
Public transportation is nearby, with Flushing Main Street one block away.
Property Size4,500 SF
Price / SF$555.56
Days on Market3
Property Features for 13426 35th Avenue
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$16,874
Amenities
Full
7
Yes
10
First Floor Bedroom
Public
No
Off Street
4500
Building Details
Building Size
4,500 SF
Year Built
2000
Listing Agency:
Century Homes Realty Group LLC
(516) 703-2918
Listed By:
Randy Kral
Source:
Hedgestonehomes
Added: Oct 29
Last Checked: Oct 29 at 2:48PM
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 Century Homes Realty Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-family residential property at 13426 35th Avenue in Flushing was built in 2000. Public transportation is nearby, and Flushing Main Street is one block from the property.
Key Highlights
- Three‑family property
- Built in 2000
- One block from Flushing Main Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,000
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,200,000
$2.2M
Cap Rate 7%
$1,571,429
$1.6M
Cap Rate 9%
$1,222,222
$1.2M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$207.9K $46.20/SF
− Vacancy
−$7.9K −$1.76/SF
EGI
$200.0K $44.44/SF
− OpEx
−$90.0K −$20.00/SF
NOI
$110.0K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,200,000
Cap Rate 7%
$1,571,429
Cap Rate 9%
$1,222,222
Alternative Uses
Best Use
Apartment 5plus
$1.57M
$1.38M – $1.83M
NOI $110,000 @ 7.0% cap · market cap 4.40%
Second Best
Multifamily LT 5
$1.06M
$931.0K – $1.24M
NOI $74,482 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$3.32M
$2.90M – $3.87M
NOI $232,222 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
8,915
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Public transportation is nearby, with Flushing Main Street one block away.
Where is this triplex located?
The property is located at 13426 35th Avenue Flushing, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Three‑family property; Built in 2000; One block from Flushing Main Street
