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Eight-Unit Income Property

32-24 137th Street Flushing, NY 11354

32-24 137th Street, Flushing, NY, 11354
$3,388,000
For Sale
$3,388,000

Eight-family income-producing residential building with tax abatement in place through 2031.

Days on Market126

Property Features for 32-24 137th Street

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
2015
Listing agency E Realty International Corp
Listed by Yanjuan Chen · License #10401388737
Source Cohenandcohenrealty
Added: Mar 20 Updated: Jul 22 at 2:32PM Checked: Jul 22 at 2:32PM

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 E Realty International Corp


Investment Insights

Based on property information with market context.

This eight-family income-producing residential property is being offered for sale. The asset benefits from a tax abatement currently in place through 2031, with approximately five years remaining.

The property is located at 32-24 137th Street in Flushing, New York.

As an eight-unit income building, it provides a straightforward multifamily configuration for investors seeking residential rental cash flow with the stated tax abatement benefit.

Key Highlights

  • Eight‑family income‑producing residential building
  • Built in 2015
  • Tax abatement in place through 2031 (5 years remaining)

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Nursing Home Garden Center Law Firm Pet Grooming Service Tattoo & Piercing Shop Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Eight-family income-producing residential building with tax abatement in place through 2031.
Where is this apartment building located?
The property is located at 32-24 137th Street Flushing, NY.
What is the asking price?
The asking price for this property is $3,388,000.
What are key features of this property?
This property features: Eight‑family income‑producing residential building; Built in 2015; Tax abatement in place through 2031 (5 years remaining)
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