$5,599,000
Active
1 days on market
43-41/45 Burling St
📍 Flushing, Flushing, NY 11355
—
Studio
1,160
Sqft
$4,827
Per sqft
1920
Year built
Multi-family
Type
About this property
An exceptional development opportunity featuring two adjacent lots totaling approximately 16,000 square feet, ideally situated in the highly desirable heart of Downtown Flushing. The property consists of two separate lots: one with an existing ranch-style home and the other consisting of vacant land. Plan A – Multifamily Residential Development: Potential to develop five separate three-family residential buildings, each with a proposed building footprint of approximately 20' x 70'. Plan B – Mixed-Use Development: Potential to develop a community facility combined with parking and residential use, offering up to approximately 24,000 buildable square feet, subject to applicable zo
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Key facts
0.37 acre lot
10 garage spots
Built 1920
Property details
Property typeMulti-family
Listing statusActive
Lot size15,948 sqft
Year built1920
Days on market1 days
MLS #1062902
Estimated monthly payment
Listing price$5,599,000
Down payment (20%)$1,119,800
Loan amount$4,479,200
Principal & interest (7%, 30yr)$29,800/mo
Property tax (est.)$5,445/mo
Home insurance (est.)$2,332/mo
Estimated total$37,577/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.