136-20 Booth Memorial Ave
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136-20 Booth Memorial Ave
24 Unit Apartment Building $12,800,000 ($533,333/Unit) 5.34% Cap Rate Flushing, NY 11355
Executive Summary
This 4-year-old building is very well maintained. Only a portion of the building is being sold. The total square footage of 3 commercial units (ground floor) is 17,270 SF, 6 commercial units in the basement with a parking lot of 63 parking spaces. Total sf is 18,865 sf for the ground floor, basement and parking lot. Annual income $843,600. Great investment property with good tenants. THIS LISTING DOES NOT INCLUDE THE 24 MULTI-FAMILY UNITS. The Commercial Units can be sold separately.
Property Facts
| Price | $12,800,000 | Property Subtype | Apartment |
| Price Per Unit | $533,333 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.34% | Lot Size | 0.42 AC |
| Sale Conditions | Ground Lease (Leasehold) | Building Size | 62,309 SF |
| No. Units | 24 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2020 |
| Price | $12,800,000 |
| Price Per Unit | $533,333 |
| Sale Type | Investment |
| Cap Rate | 5.34% |
| Sale Conditions | Ground Lease (Leasehold) |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 62,309 SF |
| No. Stories | 3 |
| Year Built | 2020 |
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- 24 Hour Access
- On-Site ATM
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Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 06371-1001 | Improvements Assessment | $403,650 |
| Land Assessment | $43,809 | Total Assessment | $447,459 |
PROPERTY TAXES
Parcel Number
06371-1001
Land Assessment
$43,809
Improvements Assessment
$403,650
Total Assessment
$447,459
zoning
| Zoning Code | R4-/C1-2 (R4 a low-density residential zoning district, C2 a commercial overlay district that is primarily residential with commercial uses on the street level) |
| R4-/C1-2 (R4 a low-density residential zoning district, C2 a commercial overlay district that is primarily residential with commercial uses on the street level) |
-
Karen Zheng -
B Square Realty
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136-20 Booth Memorial Ave
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