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Forest Hills Gardens – 4-Unit Portfolio 4 Flex Condos Offered at $2,023,040 CAD in Forest Hills, NY

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INVESTMENT HIGHLIGHTS

  • Bundle-Only Sale: All four units conveyed together by the Estate.
  • Prime Location: Forest Hills Gardens—exclusive, private, landmarked community known for long-term tenant retention.
  • Strong Mix: Rent-controlled + free-market units providing both stability and upside.

EXECUTIVE SUMMARY

PORTFOLIO COLLECTION – FOUR APARTMENTS INCLUDED
*PLEASE NOTE THIS IS A COOPERATIVE, THE SHARES ARE LISTED UNDER SQUARE FOOTAGE*
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.
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.
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.
Unit 6E – Free Market (Vacant)
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.

PROPERTY FACTS

Price $2,023,040 CAD
Price / SF $1,493 CAD / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 1,355 SF

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
150 Burns St, 5th Floor - Unit H, Forest Hills, NY 11375 Flex Condo 460 SF 1932 -
150 Burns St, 3rd Floor - Unit A, Forest Hills, NY 11375 Flex Condo 390 SF 1932 -
150 Burns St, 6th Floor - Unit E, Forest Hills, NY 11375 Flex Condo 265 SF 1932 -
150 Burns St, 5th Floor - Unit F, Forest Hills, NY 11375 Flex Condo 240 SF 1932 -
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  • Listing ID: 38625746

  • Date on Market: 2025-12-02

  • Last Updated:

  • Address: Forest Hills Gardens – 4-Unit Portfolio, Forest Hills, NY

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