144-45 37th Avenue, Flushing, NY 11354
sale
$3,718,000
|
Other
Courtesy Of CHASE GLOBAL REALTY CORP
Exceptional Free Market 16-Unit Multifamily Investment Opportunity in Murray Hill, Flushing. Rare opportunity to acquire 144-45 & 144-47 37th Avenue, two adjacent brick buildings offered together as a 16-unit multifamily portfolio. Situated on an approximately 50' x 112' lot with a combined building size of approximately 11,970 SF, the property consists of 8 one-bedroom/one-bath units, 8 two-bedroom/one-bath units, and 10 on-site parking spaces. The property generates approximately $350,000 in annual gross rental income with annual operating expenses of approximately $165,000, resulting in a Net Operating Income (NOI) of approximately $185,000. Each building has separate boilers, electric and gas meters, and tenants pay their own utilities, providing efficient operations and strong cash flow. Ideally located in the highly desirable Murray Hill section of Flushing, just minutes from the Murray Hill LIRR Station and the Flushing-Main Street 7 subway station, with convenient access to Downtown Flushing's shopping, restaurants, supermarkets, banks, and everyday amenities. A rare opportunity to acquire a great income-producing multifamily asset in one of Queens' strongest rental markets. Ideal for investors seeking stable cash flow, long-term appreciation, portfolio expansion, a potential condominium conversion (subject to approvals), or a 1031 Exchange.
Read More About This Property
Read Less About This Property
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: 21-30 Years Old
- Amenities: Basement
- Architecture Style: Other
- Building Units: 16
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Heating System: Hot Water(Heating)
- Heating System: Natural Gas
- MLSID: 1035393
- Parking Spaces: 10
- Rooms: Basement
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$4,500,000
Other
82-09 Roosevelt Avenue
Jackson Heights, NY 11372
Land: 0.05 Acres
Courtesy Of Best Group Realty, Inc.
sale
$4,360,000
Retail
146-17 Northern Boulevard 2Nd Fl
Flushing, NY 11354
Courtesy Of B Square Realty
sale
$4,300,000
Other
133-01 Booth Memorial Ave
Flushing, NY 11355
Courtesy Of Laffey Real Estate
sale
$4,299,000
Retail
9601 Northern Boulevard
Corona, NY 11368
Land: 0.09 Acres
Courtesy Of vision homes real estate llc