158-16 Sanford Avenue Flushing, NY 11358

Single Family Attached MLS #: 825955 Courtesy Of Coldwell Banker American Homes

Property InformationDescription

Welcome to 158-16 Sanford Avenue- an extraordinary multi-family

investment opportunity located in the much sought after section of

Flushing! This property provides for 13,000 SF across four stories,

featuring 20 one bedroom units generating a gross income of $385,000

with an upside for additional revenue streams! This fully detached

brick structure is situated on a 6,700 square foot corner lot &

immaculately maintained by a live-in superintendent. Each apartment

is separately metered for both gas & electricity consumption, in

addition to simple open layouts with natural light coming in from

multiple exposures. The rooftop can easily accommodate a cell site,

and or be upgraded to a rooftop deck setting. The basement grants an

additional 3,000+ SF outside of the 13,000 SF which can easily allow

for a laundry setting, as well as bike & or assigned storage units

which would bring in additional income. The side yard of the subject

property furthermore allows for vehicle parking. This property

promises consistent returns for years to come with tremendous upside

for additional revenue streams & high ROI in one of New Yorks' most

vibrant of neighborhoods!

-Centrally located: Near #7 train, LIRR (Murray Hill train station),

Buses, Express buses, commuters mini buses & Airports (La Guardia

Airport is located within 15 minutes)

-Close proximity to banks, restaurants, supermarkets, stores &

shopping malls (ex. New World Mall & The Shops at Skyview Center)

-Close proximity to parks, schools, library, expressways (I-678,

Whitestone Expressway, Northern Blvd. (Route 25A)
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Building Units: 20
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Brick
  • Heating System: Steam
  • MLSID: 825955
  • Rooms: Basement

MAP & DIRECTIONS

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158-16 Sanford Avenue, Flushing, NY 11358
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