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9501 37th Ave 44 Unit Apartment Building For Sale Flushing, NY 11372

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INVESTMENT HIGHLIGHTS

  • MODERN MIXED USE DEVELOMENT Completed in 2021, featuring 44 residential units (23 one-bedroom, 21 two-bedroom), 3 retail spaces, and 22 parking spots
  • STRATEGIC TAX BENEFITS Property qualifies for both 25-year 421A and 15-year ICAP tax abatements, with approvals in process and confirmed eligibility
  • DYNAMIC RETAIL ENVIRONMENT Positioned among a diverse mix of local, regional, and national retailers spread across 37th Ave & Roosevelt Ave
  • QUALITY RESIDENTIAL AMENITIES • Secure lobby with key fob access and package room • GE appliance package and Daikin HVAC systems • Private Balconies
  • TRANSIT ORIENTED LOCATION Positioned in heavily trafficked corridor of Jackson Heights, the property offers immediate access to the 7 Train
  • LIMITED MARKET AVAILABILITY Unique investment opportunity in Jackson Heights, where residential demand is high, and new construction is rare

EXECUTIVE SUMMARY

Trophy New Construction Mixed-Use Building in Jackson Heights off Junction Boulevard

PROPERTY FACTS

Sale Type Investment
No. Units 44
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class B
Lot Size 0.29 AC
Building Size 58,594 SF
Average Occupancy 95%
No. Stories 6
Year Built 2021
Zoning R6A, C1-4 - Medium density residential district

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Heating
  • Kitchen
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Day Care
  • Fitness Center
  • Laundry Facilities
  • Security System
  • Gated
  • Doorman
  • Package Service
  • Storage Space
  • Bicycle Storage
  • Elevator

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 23 - 461 - 699
2+2 21 - 669 - 739
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (95)
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01469-0041
Land Assessment
$1,965,099 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,965,099 CAD
  • Listing ID: 34522371

  • Date on Market: 2025-01-17

  • Last Updated:

  • Address: 9501 37th Ave, Flushing, NY 11372

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