8 months on rocket

102-18 37th Ave, Flushing, NY, 11368

$1,349,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Full Baths
Multi

Location

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102-18 37th Ave, New York$1,349,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built1931
HeatingHot Water, Natural Gas
MLS #L3541648
StatusActive

About 102-18 37th Ave

A mixed-use property presents an unmissable investment in the bustling heart of Corona, Flushing, NY. This robust brick building, blending commercial utility with residential charm, stands as a testament to strategic property. It features 1 retail unit currently occupied by a florist and 4 occupied residential units that are rent stabilized, each offering spacious 2-bedroom apartments. This mix ensures a steady flow of income from diverse sources. Proximity to the No. 7 Train Station makes this property a convenient living space for commuters and an attractive spot for retail business, driving foot traffic and tenant demand. With a cap rate higher than 5.3 and low tax obligations, the financials of this property are as appealing as its physical attributes. This property is not just a place but a potential powerhouse of profitability.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1931

Listing Office:

  • Office Name: Daniel Gale Sothebys Intl Rlty
  • Office Phone: (516) 627-4440

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Near Public Transit

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,349,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

102-18 37th Ave vs New York

264 DAYS ON ROCKET

+179 Days

$1,349,000

+$498.8K More

KEY TAKEAWAY

This property is $498.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #L3541648

Listing Office:

  • Office Name: Daniel Gale Sothebys Intl Rlty
  • Office Phone: (516) 627-4440

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,111

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1148890
4
/10

  • P.S. 280 Queens

  • 3420 94th St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-1148891
3
/10

  • P.S. 19 Marino P. Jeantet School

  • 9802 Roosevelt Ave

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-1148892
6
/10

  • Pioneer Academy

  • 4020 100th St

  • 0.30 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,600. The majority of New York, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11368›102-18 37th Ave

This home is located at 102-18 37th Ave in Flushing, NY and zip code 11368 in the Northwestern Queens neighborhood. This home was built in 1931. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $1,349,000.

Over 220 listings were sold over their listed price in November 2024 in New York, NY. In the same period over 758 listings were sold below the listed price and 769 listings were sold for the listed price. In November 2024 in New York, NY there were 7.2% less homes for sale than in October 2024. Listings spent 85 days on the market in November 2024, and had a median list price of $850,115 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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