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Image 1 - 42-62 157th St, Flushing, New York, 11355 - House for sale
Image 2 - 42-62 157th St, Flushing, New York, 11355 - House for sale
Image 3 - 42-62 157th St, Flushing, New York, 11355 - House for sale
Image 4 - 42-62 157th St, Flushing, New York, 11355 - House for sale
- Th St, Flushing, Home For Sale
42-62 157th St, Flushing, New York, 11355

- Th St, Flushing, Home For Sale

house for sale
Listed: 08/31/24

42-62 157th St, Flushing, New York, 11355

21 Bed:
35 Bath:
Save
Price
$ 5,6M

About This House

Solid Brick Legal 35 Unit Apartment Building in the Heart of Flushing! Excellent Investment Property and Ideal 1031 Exchange! 17 (1 Bedroom Apartments), 16 (Studios), 2 (Two Bedroom Apartments).Annual income$446, 900 (including Rooftop Antenna$6, 600). Annual Net Income276, 393andCAP 4.93%. Well Maintained Building- Utility Rm in Bsmt, NEW Roof (5 Years). Very Convenient to Flushing Main Street- TransportationQ12, N20, Q65, Q27and LIRR Murray Hill and Broadway 2 stations, and Shopping!

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Koreatown Housing & Living

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.