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    FOR SALE
    Apartment buildings

    133-01 Booth Memorial Ave, Flushing, NY 11355

    19,836 SF 0.3 ac lot Built 1957
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US63-1872379
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Apartment buildings
    Use group APARTMENT HOUSE (5+ UNITS)
    Year built 1957
    Total area 19,836 SF
    Lot 0.3 ac (13,200 SF)
    Zoning code R4
    APN 05117-0001
    UPID US63-1872379
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.16M
    Blend (final) Blend
    $2.89M
    Owner & transaction history
    13301 BOOTH MEMORIAL AVE REALTY CORP
    13301 BOOTH MEMORIAL AVE REALTY CORP
    Zoning & alternative use
    R4 · Flushing, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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