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Sanford Terrace 132-48 41st Rd 84 Unit Apartment Building $6,697,320 CAD ($79,730 CAD/Unit) Flushing, NY 11355
Executive Summary
Prime Mixed-Use Building in the Heart of Flushing Located just minutes to Main Street, subway, and supermarkets, this fully renovated mixed-use property features 6 residential units and 2 medical offices (community facility use). The building includes six 1-bedroom apartments (with living rooms) and approx. 3,600 SF of commercial space on the lower level and first floor. Equipped with an elevator (LL to 2nd floor) and in excellent condition throughout. Low maintenance—tenants pay for electricity and gas. Great Income & Easy to Maintain.
Property Facts
| Price | $6,697,320 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $79,730 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.15 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 52,069 SF |
| No. Units | 84 | Average Occupancy | 81% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1963 |
| Zoning | R6 - enables medium-density, multi-family housing (4–13 stories) with a base residential Floor | ||
| Price | $6,697,320 CAD |
| Price Per Unit | $79,730 CAD |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 84 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.15 AC |
| Building Size | 52,069 SF |
| Average Occupancy | 81% |
| No. Stories | 3 |
| Year Built | 1963 |
| Zoning | R6 - enables medium-density, multi-family housing (4–13 stories) with a base residential Floor |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 28 | - | 708 |
| 2+1 | 28 | - | 984 |
| 3+1 | 28 | - | 1,160 |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 05040-0027 | Improvements Assessment | $6,599,594 CAD |
| Land Assessment | $401,019 CAD | Total Assessment | $7,000,613 CAD |
Property Taxes
Parcel Number
05040-0027
Land Assessment
$401,019 CAD
Improvements Assessment
$6,599,594 CAD
Total Assessment
$7,000,613 CAD
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Presented by
Homix Realty Inc
Sanford Terrace | 132-48 41st Rd
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