144-30 & 144-32 35th Avenue, Flushing, NY, 11354

144-30 & 144-32 35th Avenue Flushing, NY 11354

FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$28,000,000
Last Verified:
Oct 07, 2022

Highlights

  • Significant Scale
  • Low Maintenance
  • Light Value-Add Opportunity
  • Clean Property
  • Unique Asset
  • Desirable Location
  • Alternative Income Streams

Description

Avison Young has been engaged by Ownership to offer for sale 144-30 and 144-32 35th Avenue (“the Property”), four inter connected 6-story elevator buildings in Flushing, Queens. The Property is approximately 118,200 GSF and consists of 116 rent stabilized residential units. It is 79% occupied and both buildings have J51 abatements.

Flushing-Queens-New York

Building Size: 31500sq ft
Lot Size: 0 acres

Map of 144-30 & 144-32 35th Avenue, Flushing, NY, 11354

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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