142-27 BARCLAY AVENUE

For Sale - Queens - Flushing

$15,500,000

Net Operating Income: $1,003,487

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Key Details

Property Type
MultiFamily
Neighborhood
Flushing
Property Dimensions
75.0 x 122.0
Property Area
9,150 sq.ft.
Total Units:
50
Stories:
6
NOI
$1,003,487
Price
$15,500,000

Listing Description

Vanderbilt Realty is pleased to exclusively represent the property located at 142-27 Barclay Avenue, Flushing, New York. The subject property is a six-story elevator apartment building constructed in 1962 and contains a total of 50 units of which 28 are free market, 7 RS PREFERENTIAL units and 15 are rent stabilized. There are 26 studios, 12 very large studios (convertible to one bedrooms) and 12 two-bedroom apartments. The property is situated on a 75 by 122-foot parcel of 9,150 square feet. The
property lies in an R7-1 zone (3.44 FAR), and contains 40,991 gross square feet, and is overbuilt. 15-car garage, storage & laundry room

Property Details

Block/Lot:
05046/0037
Lot Dimensions
75.0 x 122.0
Lot Area
40,991 sq.ft
Zoning:
R7-1
FAR as Built:
3.44
Max FAR:
3.44
Anthony FornabaioVanderbilt Realty
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Sales & Transactions

AddressSale PriceSale DateProperty Type
138-17 58TH AVENUE$1,108,00007/31/2018MultiFamily
25-07 150TH STREET$1,250,00007/26/2018MultiFamily
42-48 162ND STREET$1,590,00007/25/2018MultiFamily
72-14 160 STREET$1,380,00007/16/2018MultiFamily
143-54 FRANKLIN AVENUE$1,530,00007/16/2018MultiFamily
56-16 142ND STREET$1,080,00007/16/2018MultiFamily
132-57 SANFORD AVENUE$40,400,00006/21/2018MultiFamily
132-25 MAPLE AVENUE$51,100,00006/21/2018MultiFamily
42-41 156 STREET$1,406,00006/06/2018MultiFamily
194-12 STATION ROAD$1,200,00006/04/2018MultiFamily