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Renovated Studio Income Unit
For Sale
$240,000

6515 38TH AVE, Flushing, NY 11377

Move-in-ready studio with updated kitchen and bathroom, south-facing windows, and smart light switches, plus renovated common amenities.

Property SizeContact for details
Days on Market743

Property Features for 6515 38TH AVE

General Information

Standard status Active
Property subtype Apartment

Amenities

A/C - Other
3
Hardwood
Other
Elevator, Unfurnished
Storage Area.
Extra Storage.

Building Details

Year Built 1900
Listing Agency: All Area Brokerage Inc
Listed By: Christopher Desilva
Source: Xome
Added: Aug 26, 2024 Changed: Sep 2 Last Checked: Sep 7 at 6:02AM

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 All Area Brokerage Inc

Investment Insights

Based on property information with market context.

This move-in-ready renovated studio features an updated kitchen backsplash, a spacious living and sleeping area suited to a queen-size bed, and a modern bathroom with a window that has been fully renovated. The unit includes ample closet space and hardwood floors beneath the padded carpeting, along with recently installed light fixtures and smart technology light switches controllable via smartphone. South-facing windows and an in-wall A/C unit support comfortable, lower-maintenance living.

The building has good financials and requires board approval (20% down payment noted). No pets and no subletting are allowed. Building updates include a ButterflyMX cloud-based intercom system, new security cameras in and around the property, two renovated laundry rooms, and modernized elevators.

Additional building conveniences include a waiting list for a parking garage, a storage bike room, a package room, and a live-in super. Cooking gas, heat, and water are included, and there are two common laundry rooms serving the building.

Key Highlights

  • Renovated studio with updated kitchen backsplash and fully renovated modern bathroom with a window
  • Hardwood floors, recently painted, and spacious living/sleeping area sized to fit a queen bed
  • Smart technology: new light fixtures and smart light switches controllable by smartphone

Property Analytics

Current Use

Rafolin Business Management Consultant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Hotel & Motel Real Estate Agency

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

5,792
Businesses Nearby

Demographics for 11377, NY

91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Move-in-ready studio with updated kitchen and bathroom, south-facing windows, and smart light switches, plus renovated common amenities.
Where is this residential income property located?
The property is located at 6515 38TH AVE Flushing, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Renovated studio with updated kitchen backsplash and fully renovated modern bathroom with a window; Hardwood floors, recently painted, and spacious living/sleeping area sized to fit a queen bed; Smart technology: new light fixtures and smart light switches controllable by smartphone
More about this property
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