133-01 Booth Memorial Ave, Flushing, NY 11355
For Sale
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This exceptional 36-unit apartment building presents a compelling investment opportunity in the desirable Flushing, Queens neighborhood. Situated at 13301 Booth Memorial Ave, this well-maintained property boasts 13,468 square feet and offers a diverse mix of 24 studio and 12 one-bedroom apartments. Each unit is designed for modern living, featuring ample natural light and comfortable layouts. The building's prime location provides easy access to major highways, public transportation, airports, and a wealth of shopping and dining options, ensuring high occupancy rates and strong rental demand. Residents enjoy the convenience of on-site amenities, including a laundry facility and a parking lot. This property represents a rare chance to acquire a substantial multifamily asset in a thriving area with significant potential for long-term growth and consistent rental income. The building is situated on a 0-acre lot. The asking price for this turnkey investment is $7,000,000. This is a unique opportunity to acquire a well-maintained, income-producing property in a highly sought-after location. The combination of its desirable location, spacious units, and convenient amenities makes this building an attractive investment for both seasoned and new investors seeking a strong return on investment. Don't miss this chance to secure a piece of Flushing's vibrant real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R4 · Flushing, NYFlushing. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.