Buy with Yoreevo
$4,666,875
List Price: $4,750,000
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158-16 Sanford Avenue
House in Flushing •  building info
studio
Buy with Yoreevo

$4,666,875

List Price

$4,750,000

Key Details
Days on market
303
Last price change
loading...
Estimated payment
$30,773/mo
Taxes
$4,451/mo
Maintenance
N/A
Description
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)

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$4,750,000
Asking Price: $4,750,000
Term
30 Years
Down Payment
$475,000 (10%)
Min: 10% (475,000)
Rate
6.25 %
Mortgage Amount
$4,275,000
Mortgage Payment
$26,322
Taxes
$4,451
Estimated Yoreevo rebate
$83,125
Estimated closing cost
$180,000
Total monthly cost $30,773
Buy your dream home with us and get an estimated $83,125 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Coldwell Banker American Homes

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