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Two-Story Four-Unit Residential Building
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70-37 72nd Place, Flushing, NY 11385

Two-story detached four-family property with four two-bedroom, one-bath apartments and a finished basement.

Property Size3,000 SF
Lot Size0.06 Acres
Days on Market123

Property Features for 70-37 72nd Place

General Information

Standard status Active
Size 3,000 SF
Lot size 0.06 Acres
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 4

Amenities

finished basement

Building Details

Stories 2
Tenancy Multi
Listing Agency: Brooklyn Navy Yard
Listed By: George Raftis · License #NY 103012114518
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 9:12PM

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 Brooklyn Navy Yard

Investment Insights

Based on property information with market context.

Marcus and Millichap presents 70-37 72nd Place, a two-story detached four-family building consisting of four two-bedroom, one-bath apartments plus a finished basement. The property is approximately 25 feet wide by 60 feet deep on a lot that extends 100.83 feet, for an estimated total of about 3,000 gross square feet. The building is delivered fully occupied, with all apartments on free-market rents and month-to-month leases.

The property is located on 72 Place between Central Avenue and Edsall Avenue in the Glendale neighborhood of Queens, New York. It is within one block of an express bus line and about 0.7 miles to the “M” line at the 69th St & Metropolitan Ave station (SW corner), offering access to Manhattan.

The current configuration provides four independently leased residential units within a single, self-contained building.

Key Highlights

  • Two‑story detached four‑family with four 2‑bedroom, 1‑bath apartments plus a finished basement
  • Approximately 3,000 gross SF; measures 25 ft wide by 60 ft deep on a lot extending 100.83 ft
  • Fully occupied; all apartments are free‑market rents on month‑to‑month leases

Property Analytics

Current Use

Supreme Floor Supply Carpet & Flooring Store

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Nursing Home Garden Center Law Firm Pet Grooming Service

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

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,658
Businesses Nearby

Demographics for 11385, NY

100,883
Population
40,175
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
28,023
Density / Sq Mi
$87,365
Median Household Income
$47,335
Median Earnings
$1,959
Median Rent
$842,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Two-story detached four-family property with four two-bedroom, one-bath apartments and a finished basement.
Where is this multifamily property located?
The property is located at 70-37 72nd Place Flushing, NY.
What are key features of this property?
This property features: Two‑story detached four‑family with four 2‑bedroom, 1‑bath apartments plus a finished basement; Approximately 3,000 gross SF; measures 25 ft wide by 60 ft deep on a lot extending 100.83 ft; Fully occupied; all apartments are free‑market rents on month‑to‑month leases
More about this property
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