133-20 Avery Avenue, Downtown Flushing, NY 11355

Flushing, Queens, New York 11355

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Listing ID Number

25637

Property Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of 133-20 Avery Avenue, an eleven-story mixed-use multifamily building in Downtown Flushing.

133-20 Avery Avenue was built in 2008 and includes 23 residential units, one large commercial/community facility unit, and on-site interior and exterior parking. The residential portion is made up of 18 one-bedroom and five two-bedroom apartments. All apartments have high-end finishes included granite countertops, stainless steel appliances, and hardwood and tile floors.

The ground floor commercial units is currently occupied by Rainbow Child Development Center, an early childhood learning center with five locations throughout Queens. The residential portion is approximately 88% leased and features a security / intercom system for entry, and separated utilities.

The building is fully sprinklered, includes a fire alarm system, two elevators, and on-site parking below grade for up to twelve cars. Laundry is available on the lower level for tenant use. The residential portion of the building features tremendous panoramic views of Flushing and NYC, and all units include a balcony / terrace.

133-20 Avery Avenue is located in walking distance to Main Street and College Point Boulevard. The Q58 bus is easily accessbile via College Point Boulevard, and the 7 subway train and LIRR is available via Roosevelt Avenue / Main Street.

Property inspections are by appointment only. Please inquire within.

Overview

Building Type:Apartment Buildings, Commercial Buildings, Mixed-Use Investment Buildings
Location:Downtown Flushing
Block/Lot:5105/30
Lot Dimensions:77' x 101'
approx.
Lot Sq Ft:7854
approx.
Stories:11
Residential Units:23
Commercial Units:1
Zoning:R6
Building Sq Ft:31,373
approx.
Building Dimensions:75' x 80'
approx.

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118
stephen.preuss@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.