9911 43rd Ave Flushing, NY 11368-2437

Property Details for 9911 43rd Ave

Year built

1931

Lot size

0.05 lot acres

Property size

3,675 SF

Zone code

R5

Property type

Apartment buildings

APN

01617-0034

APU

16170034

Description

This exceptional investment opportunity presents a six-family building ideally situated in the heart of Corona, New York, at 9911 43rd Avenue. The property is zoned R5 and offers a substantial lot size of 20x100 feet, with the building itself measuring 20x70 feet. The building's configuration includes six residential units, each floor featuring a one-bedroom apartment in the front and a two-bedroom apartment in the rear. This provides a diverse rental mix and potential for strong rental income. Its location on a busy commercial street ensures convenient access to various transportation options, making it attractive to a wide range of tenants. Beyond the ease of transportation, the property benefits from its proximity to a vibrant array of shopping, dining, and entertainment venues, further enhancing its appeal and rental potential. This property represents a compelling investment opportunity for those seeking a strong return in a desirable and well-connected neighborhood. The building's layout and location combine to create a highly sought-after investment property with significant upside potential. The substantial lot size also offers potential for future development or expansion, subject to applicable zoning regulations. This is a rare opportunity to acquire a well-maintained multi-family building in a prime location with excellent growth prospects. The asking price is $1,200,000.

Location Insight

City

Flushing

County

Queens

State

New York

Longitude

-73.8645

Latitude

40.7469

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments