See all 9 photos
$13,888,000
Est. payment /mo
5,702 Sqft Lot
New
14215 Cherry AVE Flushing, NY 11355
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 984354
Rental Info No
Year Built 2011
Annual Tax Amount $165,071
Lot Size 5,702 Sqft
Acres 0.1309
Property Sub-Type Multi Family
Source onekey2
Property Description
Prime mid-size multifamily investment opportunity in the heart of Flushing. This 6-story elevator building features 20 residential units, all configured as 2-bedroom, 2-bath layouts, offering strong rental appeal and efficient use of space. The property encompasses approximately 17,333 SF and includes a 500 SF community facility, providing additional flexibility and potential income streams.
Zoned R7B, the asset offers long-term appreciation potential and future development upside. The building also includes 10 on-site parking spaces, a highly desirable amenity in this high-demand area.
Ideally located within walking distance to Main Street transit hub (7 train & LIRR) and surrounded by major commercial destinations such as SkyView Center, Tangram, and New World Mall. Strong rental demand, low vacancy rates, and excellent neighborhood amenities ensure stable and consistent cash flow.
A rare opportunity to acquire a well-positioned asset in one of Queens' most sought-after rental markets.
Zoned R7B, the asset offers long-term appreciation potential and future development upside. The building also includes 10 on-site parking spaces, a highly desirable amenity in this high-demand area.
Ideally located within walking distance to Main Street transit hub (7 train & LIRR) and surrounded by major commercial destinations such as SkyView Center, Tangram, and New World Mall. Strong rental demand, low vacancy rates, and excellent neighborhood amenities ensure stable and consistent cash flow.
A rare opportunity to acquire a well-positioned asset in one of Queens' most sought-after rental markets.
Location
State NY
County Queens
Interior
Heating Baseboard
Cooling Central Air
Fireplace No
Exterior
Parking Features Garage
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None

Listed by E Realty International Corp • Hsin Yuan Yang
NEARBY SCHOOL & BUSINESS
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