Updated 5 days ago
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Flushing, Queens | Leavitt Street & Union Street
25 Rooms13 Beds12 Baths10,937 Square FeetIncome Property

$7,500,000
floors / apts8 / 13
Lot Size25'x100'
Building TypeLow-Rise
RE Taxes$35,472
Price Per SF
$686

Outdoor space and views

  • Balcony

Building Amenities

  • Voice Intercom
  • Driveway
  • Elevator

Property Description

2008 Newly Built Elevator Building At Prime Location In Flushing For Sale. $300,000 Projected Annual Gross Income, 8 Stories Building: 1 story basement and 7 stories above ground (Total Building Sq Ft: 10,937 Sq. Ft). 10 Units: 2 Units Community Facility Offices and 8 Residential Units with Balcony, Plus 2 Private Parking Spaces. Separate Gas and Electricity Meter For Each Unit. Laundry In the Basement. Easy Convert To Condo.

Listing History

Now
11/08/2021
$7,500,000
Initial Price by Andy Guang Yang Li
Compass
Launch

Building Details

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built2008
Floors/Apts8/13
Learn More About the Building

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: 82605TH