158-16 Sanford Avenue, Flushing, NY

$4,750,000

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13,000

Square feet

About 158-16 Sanford Avenue

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)

Features of 158-16 Sanford Avenue

MLS® # 825955
Price $4,750,000
Bathrooms 0.00
Internal Footage 13,000
Acres 0.00
Year Built 1926
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 158-16 Sanford Avenue
City Flushing
County Queens
State NY
Zip Code 11358

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Propane, Sewer Connected, Trash Collection Public, Water Connected
Is Waterfront No
Has Pool No

Interior

Heating Steam
Cooling Wall/Window Unit(s)
Fireplace No
# of Stories 4
Has Basement Yes
Basement Full

Exterior

Construction Brick

Additional Information

Date Listed February 18th, 2025
Days on Market 244
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofColdwell Banker American Homes
Contact Info718-206-1340

Listing Map

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