16109 72nd Avenue

16109 72nd Avenue, New York, NY, 11365

$3,380,000

active

Lot Size

2,470 sqft

Year Built

2022

Type

Commercial

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$22,598/month estimated

Principal & interest: $17,990
Property tax: $4,484
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $676,000 · Loan amount: $2,704,000

Description

Modern 8-Unit Apartment Building in Prime Flushing Location – Built in 2022 Discover this newly built (2020) 8-unit apartment building in the heart of Fresh Meadows, offering a prime investment opportunity in one of Queens’ most vibrant neighborhoods. The building features six single units and two spacious duplexes, designed with modern, stylish finishes to attract today’s renters. Conveniently located, it offers an easy 20–30 minute commute to downtown Manhattan, making it highly desirable for both students and professionals. Just one mile from St. John’s University and Queens College, the property benefits from a steady tenant base of students and working professionals, ensuring stable rental income. Residents enjoy on-site washers and dryers in the basement and have access to a variety of nearby restaurants, markets, and essential services. With strong demand in this sought-after area, this property presents an excellent opportunity for investors seeking a secure and high-yield rental asset. Don’t miss out on this exceptional investment—contact us today for more details!

Property Details

Cooling: Ductless
Heating: Baseboard
Basement: See Remarks

Location

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Listed by Huailing Deng, Daniel Gale Sothebys Intl Rlty

MLS# KEY829594516-759-4800

Listings courtesy of OneKey® MLS as distributed by MLS GRID

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