1665 Cornelia St - Apartments FOR SALE


Flushing, NY 11385
$3,595,000 USD
914-584-7422
1665 Cornelia St, Flushing, NY for Sale
$3,595,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

1665 Cornelia St
Flushing, NY 11385


HIGHLIGHTS

  • Luxury Rentals: The entire building has been meticulously renovated with high-end finishes throughout.
  • Proper Layouts: Two central air shafts provide ample light and air to allow for proper 3-bedroom units with comfortable common living areas.
  • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
  • Protected Tax Class: Tax Class 2A limits tax increase to no more than 8% per year or 30% over 5 years.
  • Situated in a nicely balanced location, on a quiet picturesque residential block, but within minutes of retail, restaurants, art galleries & nightlife
  • The L & M trains are just 4 blocks away at the Myrtle-Wyckoff station, with access to Williamsburg and Union Square within 20 minutes.

OVERVIEW

NOI: $229,766 Broker of Record Cory Rosenthal License No. 10991237833(NY)

FOR SALE DETAILS

PRICE

$3,595,000 USD

PRICE/SF

$695 USD /SF

# OF UNITS

6

PRICE/UNIT

$599,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6B

APN/PARCEL ID

03546-0079

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.