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Two-Building Apartment Property
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42-33 & 43-37 155th Street, Flushing, NY 11355

R3X-zoned multifamily property comprising two apartment buildings in Flushing.

Property Size25,840 SF
Price / SF$232.20
Days on Market16

Property Features for 42-33 & 43-37 155th Street

General Information

Standard status Active
Size 25,840 SF
Class A
Property subtype Multifamily
Zoning R3X
Net Operating Income $327,450

Building Details

Year Built 1926
Buildings 2
Units 33
Listing Agency: Matthews
Listed By: David Caba · License #10401387541
Source: Crexi
Added: Aug 19 Changed: Aug 31 Last Checked: Aug 31 at 9:03PM

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 Matthews

Investment Insights

Based on property information with market context.

This multifamily offering consists of two apartment buildings totaling 25,840 square feet. The structures were built in 1926 and are identified for apartment-building use within an R3X zoning designation.

The property is located at 42-33 & 43-37 155th Street in Flushing, New York 11355. Its two-building configuration provides a single offering with distinct residential structures at the same address.

Key Highlights

  • Two apartment buildings included in one offering
  • 25,840 square feet of total property size
  • R3X zoning designation

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,597
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - R3X-zoned multifamily property comprising two apartment buildings in Flushing.
Where is this apartment building located?
The property is located at 42-33 & 43-37 155th Street Flushing, NY.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Two apartment buildings included in one offering; 25,840 square feet of total property size; R3X zoning designation
(646) 802-0548 Call to check price and availability
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