$1,800,000
Active
1 days on market
3150 137th St
📍 Flushing, Flushing, NY 11354
5.0
Beds
2.0
Baths
1,880
Sqft
$957
Per sqft
1920
Year built
Land
Type
About this property
This is an exceptional opportunity to acquire a development site or income-producing multifamily property in one of Queens’ most desirable and rapidly evolving neighborhoods. Situated on an approximately 2,500-square-foot lot and zoned R6, the property offers significant potential for investors, builders, developers, or end users looking to capitalize on the continued growth of North Flushing. The property is currently configured as a legal two-family residence with a detached two-car garage, providing immediate rental income with the flexibility to offset carrying costs while future development plans and approvals are pursued. The newly renovated first-floor unit features two bedroom
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Amenities & features
Key facts
Zoned r6
2,475 sq ft lot
2 garage spots
Property details
Property typeLand
Listing statusActive
Lot size2,475 sqft
Year built1920
Days on market1 days
MLS #1042455
Estimated monthly payment
Listing price$1,800,000
Down payment (20%)$360,000
Loan amount$1,440,000
Principal & interest (7%, 30yr)$9,580/mo
Property tax (est.)$1,750/mo
Home insurance (est.)$750/mo
Estimated total$12,080/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.