$1,948,000

132-18 57th Road, Flushing, NY 11355

  • 5,280 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon3,999sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $369/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Rare 8-Unit Free-Market Multifamily Investment in Prime Flushing. Lot 40x100, building 24X55 (5280 sqft) Exceptional investment opportunity featuring a fully free-market 8-unit multifamily building with seven 1-bedroom/1-bath apartments, one studio apartment, and a high basement. Stable income with excellent upside potential. Each apartment has separate boilers, gas meters, and tenants pay their own utitlies. . Conveniently located minutes from Downtown Flushing, near shopping, restaurants, banks, SkyFoods Supermarket, Queens Botanical Garden, and Kissena Park. Excellent transportation with easy access to the 7 train, Murray Hill LIRR Station, Q25, Q34, Q44 SBS, Q65 bus lines, and the Long Island Expressway (I-495). A rare opportunity for investors seeking a well-located income-producing property with long-term growth potential. Suitable for a 1031 exchange.

Listing Status:
Active
Data Last Updated:
August 10, 2026 at 9:21PM
Listing Office:
Skylux Realty Inc : 718-500-2231
MLS ID:
1034297
  • Basement: See Remarks
  • A/C: Multi UnitsWall/Window Unit(s)
  • Heating: Hot WaterNatural Gas
  • Parking: DrivewayOff StreetPrivate
  • Originating MLS: onekey2
  • School District: Queens 25
  • County: Queens
  • Zoning: R4-106359-0008
  • Utilities: Electricity ConnectedNatural Gas ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Skylux Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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