$2,699,999

190-15 Crocheron Avenue, Flushing, NY 11358

  • 8,600 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $314/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Opportunity is knocking with this legal 8-family Tudor in the highly sought-after Auburndale neighborhood. This exceptional investment property features six spacious 1-bedroom apartments and two 2-bedroom, 2-bath duplex units, offering strong current income with additional upside potential. The building includes newer boilers and upgraded electrical systems, providing peace of mind for investors. Conveniently located near the Auburndale LIRR station, residents enjoy an easy commute to Manhattan and access to nearby amenities. With an estimated NOI of $135,615 and significant value-add opportunities, this property presents tremendous future potential. Investors may increase income by completing the basement space, where first-floor apartments could potentially be converted into legal duplex units, adding approximately 588 square feet to each apartment, subject to approvals and compliance with NYC zoning and building regulations. Additional basement space may also be utilized for common laundry facilities and tenant storage areas. The property also offers the possibility of conversion back into two 4-family buildings, subject to compliance with NYC zoning and building codes. A rare opportunity to acquire a high-income-producing property with immediate cash flow and long-term growth potential.

Listing Status:
Active
Data Last Updated:
August 11, 2026 at 3:23AM
Listing Office:
Island Advantage Realty LLC : 631-351-6000
MLS ID:
1021709
  • Basement: Full
  • A/C: None
  • Heating: Natural Gas
  • Parking: Off Street
  • Originating MLS: onekey2
  • School District: Contact Agent
  • County: Queens
  • Zoning: 190-17 Crocheron Av
  • Utilities: Natural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Island Advantage Realty LLC

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location