Attached Brick
5831 136th Street Flushing, NY 11355
5831 136th Street, Flushing, NY, 11355
$1,880,000
For Sale
$1,880,000
MULTI_FAMILY - Flushing, NY
Property Size3,465 SF
Lot Size0.07 Acres
Price / SF$542.57
Days on Market50
Property Features for 5831 136th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 5
- Rooms
- Bedroom 9, Bedroom 10, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 2, Bathroom 4, Bedroom 5, Bathroom 5, Bedroom 6, Basement, Bathroom 2, Bedroom 8, Bedroom 1, Bedroom 3
- Parking features
- Off Street, Garage, On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath, Open Kitchen, Pantry, Primary Bathroom, Master Downstairs, Storage, Walk Through Kitchen
- Basement
- Walk-Out Access, Finished
- Standard status
- Active
- APN
- 06374-0003
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 42745
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1984
- Number of units
- 4
- Building materials
- Brick
- Additional Structures
- Storage
Listing Agency
Lin Pan Realty Group LLC
(516) 693-9888
5 Bond St Suite #201, Great Neck, NY
Listed by
Yi Qiao
(631) 702-0692
Added: May 29 Checked: Jul 17 at 1:06 pm
MLS# 1007395
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This attached brick multi-family property is offered for sale in as-is condition. The building provides multiple spacious residential layouts, each featuring eat-in kitchen areas and abundant natural light. A finished lower level adds additional usable space for storage, recreation, or other permitted uses, supporting flexible day-to-day functionality.
The property is located in Flushing, Queens, with convenient access to surrounding daily amenities. It is positioned near shopping, restaurants, schools, parks, and public transportation, offering residents practical connectivity to the broader area.
For investors and end users seeking a manageable multi-family arrangement, the combination of multiple layouts, eat-in kitchens, and a finished lower level can support a variety of living or operating needs. The as-is sale structure also makes it suitable for buyers planning to assess and address the property directly, aligning with straightforward due diligence for a residential income-oriented asset.
The property is located in Flushing, Queens, with convenient access to surrounding daily amenities. It is positioned near shopping, restaurants, schools, parks, and public transportation, offering residents practical connectivity to the broader area.
For investors and end users seeking a manageable multi-family arrangement, the combination of multiple layouts, eat-in kitchens, and a finished lower level can support a variety of living or operating needs. The as-is sale structure also makes it suitable for buyers planning to assess and address the property directly, aligning with straightforward due diligence for a residential income-oriented asset.
Key Highlights
- Attached brick multi‑family with approximately 3,465 sq ft building space on a 2,900 sq ft lot
- Finished lower level with additional space for storage and recreation (other permitted uses)
- Multi‑bedroom layout with first‑floor bedroom and first‑floor full bath
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 | $160.1k | $46.20 |
| − Vacancy | −$6.1k | −$1.76 |
| EGI | $154.0k | $44.44 |
| − OpEx | −$69.3k | −$20.00 |
| NOI | $84.7k | $24.44 |
3,465 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,700 @ 7.0% cap · market cap 4.51%
Second Best
Multifamily LT 5
$819.3K
$716.9K – $955.9K
NOI $57,351 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$2.55M
$2.24M – $2.98M
NOI $178,811 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Attached brick multi-family with multiple spacious layouts, eat-in kitchens, and a finished lower level, sold as-is.
Where is this quadplex located?
The property is located at 5831 136th Street Flushing, NY.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Attached brick multi‑family with approximately 3,465 sq ft building space on a 2,900 sq ft lot; Finished lower level with additional space for storage and recreation (other permitted uses); Multi‑bedroom layout with first‑floor bedroom and first‑floor full bath
