42-08 164th Street, Flushing, NY 11358
For sale 8-unit multifamily property with apartment building configuration.
- Added:
- Jul 3, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 9 at 3:29 am
Property Features for 42-08 164th Street
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2019
Listing office Century Homes Realty Group
Listing date Jul 3, 2026
Source Crexi
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
HighLights
- 8‑unit multifamily property (apartment building configuration)
- Built in 2019
Overview
The offering is located at 42-08 164th Street in Flushing, New York.
The property is presented as a residential income asset with a total size of approximately 8,000 square feet, reflecting its small multi-unit apartment structure.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $369.6k | $46.20 |
| − Vacancy | −$14.0k | −$1.76 |
| EGI | $355.6k | $44.44 |
| − OpEx | −$160.0k | −$20.00 |
| NOI | $195.6k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.798925
- Latitude
- 40.787157
