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$4,990,000
45 Days On Site

158-16 Sanford Avenue
Flushing, NY 11358

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
13,000
SqFt
$384
/SqFt
1926
Built
County:
Queens
Listing courtesy of Coldwell Banker American Homes RSaa@CBAMHomes.com

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158-16 Sanford Avenue158-16 Sanford Avenue158-16 Sanford Avenue158-16 Sanford Avenue
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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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Listing Snapshot
Price 
$4,990,000
Days On Site 
45 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1926
MLS® Number 
825955
Status 
Active
Property Tax 
$53,412.29
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Number Of Stories 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
13000
Utilities 
Natural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPropaneSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
Wall/Window Unit(s)
Heating 
Steam
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Exterior Features
Construction Details 
Brick
Listing courtesy of Coldwell Banker American Homes RSaa@CBAMHomes.com


Based on information submitted to the MLS GRID as of 2025-04-04 04:20 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
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