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33-53 Prince St Queens, NY 11354

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For Sale
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13-Unit Apartment Building, High ROI

Property size:
6,000 SF

Property Features for 33-53 Prince St

General Information

Property type
Multifamily properties
Square Feet
6,000 SF
Class
C

Building Details

Buildings
1
Stories
3
Units
13

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Listing Contact
Frank Ko
Frank Ko

Listing Agency: E Realty International Corp Listing Agent: Frank Ko

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 13-unit apartment building presents a compelling investment opportunity in the vibrant heart of Downtown Flushing, Queens, NY. Located at 33-53 Prince Street, this three-story Class C building boasts 6,000 square feet of gross building area situated on a sizable 5,650 square foot lot (approximately 76.5' x 142'). The property is zoned M2-1, offering potential for future development or expansion. The building currently houses 13 rental units, providing a strong cash flow with a 4.00% cap rate. Ample parking is available with 15 spaces on-site. This well-maintained property offers a solid foundation for a savvy investor seeking a high-return multifamily asset in a rapidly growing area. The building's central location in Downtown Flushing provides easy access to public transportation, shopping, dining, and cultural attractions. The property's strong occupancy rate and consistent rental income make it an attractive investment with significant upside potential. Detailed financial statements are available upon request. This is a rare opportunity to acquire a well-positioned multifamily property in one of New York City's most dynamic neighborhoods. Don't miss out on this chance to secure a profitable investment in a prime location.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.8329894
Latitude
40.7650572

FAQs

What type of property is this?
Multifamily property - 13-Unit Apartment Building, High ROI
Where is this multifamily property located?
The property is located at 33-53 Prince St Queens, NY.
What is the asking price?
The asking price for this property is $4,580,000.
What are key features of this property?
This property features: 33-53 Prince Street, Downtown Flushing, Queens, NY; Downtown Flushing location; Block 04949, Lot 64
(718) 886-8110 Call to check price and availability
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