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    OFF-MARKET
    Mixed-use properties

    194-08 37Th Ave, Flushing, NY 11358

    1,848 SF
    Property ID
    Property summary
    AI-generated overview

    This well-maintained, legal two-family brick home in Flushing, NY, presents a compelling investment opportunity. Priced at $998,000, the property boasts 1,848 square feet on a 22x84 lot, with the building itself measuring 22x33. Its excellent location is just three blocks from the LIRR Auburndale Station and a short walk to Q28 and Q76 bus routes, providing convenient access to public transportation. Situated in School District #26, the property offers a desirable residential setting. The fully fenced front and back yards provide privacy and outdoor space, enhanced by motion lights at all entrances for added security. Inside, hardwood floors and numerous windows create a bright and inviting atmosphere. A separate basement entrance offers additional storage. The property's proximity to shopping, restaurants, and schools makes it an attractive option for both residents and investors. This mixed-use property offers a blend of residential comfort and investment potential in a thriving neighborhood. The property's size, location, and features make it an ideal investment for those seeking a strong return in a desirable area of Queens.

    Property profile
    Verified
    Property type Mixed-use properties
    Total area 1,848 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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