$1,450,000
Updated 8 months ago
Off Market

The Grosvernor Square

150 Burns Street, 3A/5FH/6E

Forest Hills Gardens, Queens | Ascan Ave & Borage Place

Bulk Sale 21 Rooms7 Beds6 BathsCo-op

$1,450,000
Maintenance$7,301

Outdoor space and views

  • City Views

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Elevator
  • Laundry Room
  • Storage

Policies

  • No Dogs. Cats Allowed.

Property Description for 150 Burns Street, 3A/5FH/6E

PORTFOLIO COLLECTION - FOUR APARTMENTS INCLUDED (#3A, #5F, #5H, #6E) NO BOARD APPROVAL!

PLEASE NOTE THIS IS A COOPERATIVE, THE SHARES ARE LISTED AS THE COMBINED AMOUNT

1) Unit 3A - Rent Controlled (Occupied)
2 Bedrooms, 2 Bathrooms
Maintenance: $2,211.25
Rent: $686.18
Notes: Exceptionally low stabilized rent; long-term upside upon vacancy. Includes private storage.

2) Unit 5F - Free Market (Occupied)
1 Bedroom, 1 Bathroom
Shares: 240
Maintenance: $1,455.00
Rent: $1,950.00
Status: Free Market; consistent rent roll. Includes private storage.

3) Unit 5H - Rent Controlled (Occupied)
3 Bedrooms, 2 Bathrooms
Shares: 460
Maintenance: $2,587.50
Rent: $2,357.40
Status: Rent Controlled; tenant pays via check. Long-term upside. Includes private storage.

4) Unit 6E - Free Market
1 Bedroom, 1 Bathroom
Shares: 265
Maintenance: $1,489.38
Rent: Market rent potential approx. $2,350+
Status: Free Market & Vacant-ideal for renovation and premium leasing.

KEY INVESTMENT HIGHLIGHTS

Bundle-Only Sale: All four units conveyed together by the Estate.
Strong Mix: Rent-controlled + free-market units providing both stability and upside.
Vacant Unit Included: Immediate opportunity to renovate, reposition, and capture market rent.
Prime Location: Forest Hills Gardens-exclusive, private, landmarked community known for long-term tenant retention.
Co-op with Storage Rooms: Each unit includes additional storage space.
Excellent Transportation: LIRR at Station Square; E/F subway minutes away.
Pre-War Charm: Elevator building with original architectural details and well-maintained common areas.

Listing History for 150 Burns Street, 3A/5FH/6E

Now
12/19/2025
POM by Jessica Cloonan
Corcoran
12/17/2025
$1,450,000
Initial Price by Jessica Cloonan
Corcoran

Building Details for 150 Burns Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1932
Floors/Apts6/42
Learn More About the Building

Transit and Citi Bike

Subway

75 Av
0.18 miles
Forest Hills-71 Av
0.42 miles
Kew Gardens-Union Tpke
0.49 miles

Railroad

Forest HillsLong Island Rail Road
0.32 miles

Citi Bike

Austin St & 76 Ave
0.14 miles
Queens Blvd N & 75 Ave
0.2 miles

Contact Agents

Contact Agents

Licensed As
Jessica Toby Waxman
Salesperson
License#:
10401261596
Company:
Corcoran
Larry Schier
Corcoran
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: 2160044