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Executive Summary

ATTENTION INVESTORS, DEVELOPERS & OWNER-USERS!!! Rare opportunity to acquire a 100% occupied, brand-new 7-unit apartment building in the heart of Flushing/Corona! Completed in 2022, this turnkey asset offers prime visibility, excellent signage, and a robust R6B zoning foundation. The building features (1) spacious 2-bedroom unit, (6) modern 1-bedroom units, and a functional basement office. Built to the highest standards, the property boasts 9’ high ceilings, a comprehensive security camera system, a large rear yard, and 6 dedicated parking spaces with a strategically placed curb cut. Technical upgrades include all-new LED lighting, full sprinkler system, 3-phase power, central A/C, and separate meters for all units. Situated just off the Grand Central Parkway and I-495, you are minutes away from Citi Field, Flushing Meadows Corona Park, the Queens Zoo, and the Queens Museum. Join a thriving commercial corridor with elite neighbors including Nike, Home Depot, Target, Costco, Macy’s, Aldi, and Olive Garden. This property offers massive upside potential—whether as a high-yield investment, a future development site, or the new headquarters for your business.

Property Facts

Price $3,936,420 CAD
Price Per Unit $562,346 CAD
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.06 AC
Building Size 5,130 SF
Average Occupancy 100%
No. Stories 4
Year Built 2022

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - 700
2+2 1 - 800
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
01968-0073
Land Assessment
$162,135 CAD
Improvements Assessment
$394,540 CAD
Total Assessment
$556,675 CAD
  • Listing ID: 39885705

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 5615 Van Cleef St, Flushing, NY 11368

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