Ravish Parikh
Ravish Parikh
Call: (718) 704-3478
Text: (718) 704-3478
BEDS0
BATHS
MLS#1034297
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens 25
Property Description
Rare 8-Unit Free-Market Multifamily Investment in Prime Flushing. Lot 40x100, building 24X55 (5280 sqft) Exceptional investment opportunity featuring a fully free-market 8-unit multifamily building with seven 1-bedroom/1-bath apartments, one studio apartment, and a high basement. Stable income with excellent upside potential. Each apartment has separate boilers, gas meters, and tenants pay their own utitlies. . Conveniently located minutes from Downtown Flushing, near shopping, restaurants, banks, SkyFoods Supermarket, Queens Botanical Garden, and Kissena Park. Excellent transportation with easy access to the 7 train, Murray Hill LIRR Station, Q25, Q34, Q44 SBS, Q65 bus lines, and the Long Island Expressway (I-495). A rare opportunity for investors seeking a well-located income-producing property with long-term growth potential. Suitable for a 1031 exchange.
Property Features
Property Type: Commercial -
Basement: See Remarks
Cooling: Multi Units, Wall/Window Unit(s)
Heating: Hot Water, Natural Gas
Lot Size: 0.09 Acres
Stories: 4.0
Taxes: $40,302
Year Built: 1986
Feature Descriptions
Building Area Total: 5280
Days on Site: 3
Exterior: Brick
Heating Units: 8
On Market Date: 2026-08-06
Parcel Number: 06359-0008
Parking Features: Driveway, Off Street, Private
Rental Term: Monthly
Separate Electric Meters: 9
Separate Gas Meters: 9
Sewer: Public Sewer
Units: 8
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Local Schools
High School: John Bowne High School
Middle School: Is 237
Elementary School: Ps 120
School District: Queens 25
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Listed By / Shown By
Listing By
Agency Name: Skylux Realty Inc
Agency Contact: 718-500-2231
Shown By
Agent Name: Ravish Parikh
Agent Phone: (718) 704-3478
Agency Title: Laffey Real Estate
132-18 57th Road | MLS# 1034297
This commercial property located at 132-18 57th Road , Flushing, NY 11355 is currently listed for sale with an asking price of $1,948,000. 132-18 57th Road is located within the Queens 25 school district. Search Flushing real estate on ravishparikh.laffey.com today.