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Property profile

3351 Prince St Flushing, NY 11354

OFF-MARKET
Commercial real estate
4,500 SF 0.14 ac lot Built 1926
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Property summary

AI-generated overview

This exceptional investment opportunity presents a twelve-unit multi-family building located at 3351 Prince Street in the vibrant Flushing, NY neighborhood. The property boasts a substantial 4,500 square feet of living space situated on a 0.14-acre lot. The building's layout is comprised of three floors, each featuring four individual apartments. Each floor offers a consistent mix of apartment types, providing a balanced rental portfolio. Specifically, each floor contains three one-bedroom apartments and one studio apartment, totaling twelve rental units in all. This configuration offers flexibility for tenant selection and management. The property's location in Flushing provides easy access to a wide array of amenities, including public transportation, shopping, dining, and entertainment options. The strong rental market in Flushing makes this a highly attractive investment for those seeking a stable and potentially high-yielding property. The asking price of $5,400,000 presents a compelling opportunity for investors to acquire a well-established multi-family building in a prime location. This property is being offered as-is. Serious inquiries only. Further details and financial information are available upon request. Don't miss this chance to secure a valuable asset in a rapidly growing market.

Property profile

Verified
Property type Commercial real estate
Year built 1926
Total area 4,500 SF
Lot 0.14 ac (6,098 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • DJ & Entertainment Business Service Center

Location

3351 Prince St Flushing, NY 11354
Flushing metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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