$14,900,000
Updated 6 years ago
Off Market

142-27 Barclay Ave

Flushing, Queens | Union Street & Bowne Street

40,991 Square FeetIncome Property

$14,900,000
floors / apts6 / 50
Lot Size75'x122'
ZoneR7-1
Building TypeLow-Rise
RE Taxes$159,338
Price Per SF
$363

Building Amenities

  • Voice Intercom
  • Alarm System
  • Elevator
  • Garage
  • Laundry Room

Property Description for 142-27 Barclay Ave

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 142-27 Barclay Avenue, a 70’ wide, 6-story, 50-unit, elevator serviced multifamily building on the north side of Barclay Avenue between Union & Bowne Streets in downtown Flushing, Queens. The property is comprised of 40,991 square feet, and a unit mix of (12) 2-bedroom apartments, (16) large studios (convertible to 1-bedroom), and (22) Studios. Additionally, there is an underground garage for 15 cars and available storage units. Recent work on the building includes a new lobby, hallways, a laundry room, a storage room, and a security system.

Listing History for 142-27 Barclay Ave

Now
12/03/2020
POM by Thomas A. Donovan
B6 Real Estate Advisors
02/12/2020
$14,900,000
Initial Price by Thomas A. Donovan
B6 Real Estate Advisors

Building Details for 142-27 Barclay Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built1952
Floors/Apts6/50
Learn More About the Building

Transit and Citi Bike

Subway

Flushing-Main St
0.27 miles

Railroad

Flushing Main StreetLong Island Rail Road
0.34 miles

Contact Agents

Contact Agents

Thomas Donovan
B6 Real Estate Advisors
Tommy Lin
B6 Real Estate Advisors
Ben Efraimov
B6 Real Estate Advisors

Flushing | Queens

Quick Profile

Known for its ethnic diversity that includes a large Asian population, Flushing Queens has much to offer. For starters, it’s a foodies paradise. It has several world-class sporting venues, fantastic tourist attractions and of course shopping. For some folks, the nabe is off the beaten path, which makes it a great place to explore, eat and wander.

Flushing is one of the biggest neighborhoods in Queens. It includes the pocket neighborhoods of East Flushing, Downtown Flushing, Auburndale, Waldheim, and Broadway-Flushing. Its boundaries are Whitestone Expressway and Flushing Creek to the west, Utopia Parkway to the east, 25th and Bayside Avenues to the north, Golden Street, and Horace Harding Expressway to the south.   

The earliest inhabitants of Flushing were the Matinecock Indians. In 1628 the Dutch settled on the banks of Flushing Creek and called their new home Vlissingen. When the British took over in 1645, the neighborhood name became anglicized and it was referred to as Flushing.

The mid-1600s was a notable point in Flushing’s history. Local Dutch Governor Peter Stuyvesant jailed or banished anyone practicing Quakerism and other religions within the municipality.

Flushing residents joined together and fought the rule imposed by the Dutch. In 1657, the group drafted the Flushing Remonstrance, which petitioned Governor Stuyvesant to allow the freedom to practice religion. The original authors of the petition were jailed but eventually, the small population of Flushing settlers were given an exemption and could practice Quakerism. Scholars say it was the birthplace of freedom of religion and paved the way for the U.S. Constitution’s provision on freedom of religion in the U.S. Bill of Rights.

The World’s Fair is Flushing's biggest claim to fame. In 1939, the World’s Fair opened at Flushing-Meadows Park in Queens. 63 nations took part in the event that included scientific, cultural, and industrial exhibits. The second World's Fair took place in 1964. Both World Fairs played significant role in the development of Flushing Meadows-Corona Park

Main Street is one of many business districts within Flushing. The 7 train gives direct access to the area which has a high concentration of Asian-owned restaurants and businesses. Downtown Flushing is another commercial area with malls and mom-and-pop stores scattered throughout.

Flushing is more urban than suburban compared to other areas of Queens. The housing stock consists of a mixture of one and two-family homes, mid-rise apartment buildings, and high-density apartment buildings. The pocket neighborhoods of Auburndale, Waldheim, and Broadway-Flushing have a little more of a suburban feel with single-family homes and notable architecture. Broadway-Flushing has its own historic district that includes classic Revival styles from the Eclectic Period, Tudors, Colonials, and other styles.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 78218TH