$4,500,000
Queens, NY 11355
MLS# 2506991
30 beds | 16 baths | 13800 sqft

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Property Description
Unlock Value in the Heart of Flushing Imagine owning a piece of one of Queens' most dynamic and sought-after neighborhoods. 41-37 Parsons Blvd isn't just a building—it's a strategic investment in a community defined by growth and demand. This 16-unit multi-family property delivers both immediate income and long-term security. With a newly replaced roof and updated heating system, you can invest with confidence, free from major near-term repairs. The ideal mix of two-bedroom units ensures a pipeline of qualified tenants, while individual electric meters keep operating costs predictable and low. Plus, with four off-street parking spaces already generating revenue, you're acquiring an asset that works harder for you from day one. Total Units: 16 Unit Mix: 14 Two-Bedroom & 2 One-Bedroom Apartments NEW Roof Replacement UPDATED Gas Heating System Individual Electric Meters per unit 4 Off-Street Parking Spaces. Don't miss your chance to anchor your portfolio in Flushing. Your premier investment opportunity awaits.
Details
Maps
Address/Legal
Section: N/A
Country: United States
Contract/Location Information
List Price/SqFt: 326.09
Sale/Lease: Sale
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 4
Taxes: 70051
Tax Abated: No
Lot Size SqFt: 6249
Year Built Info: Approx
Lot Dim: 50x125
Irregular: No
Air Conditioner: Units
# of A/C Units: 16
Condition: Fair
Garage Capacity: 0
# of Parking Spaces: 4
# of Residential Units: 16
# of Commercial Units: 0
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: Unlock Value in the Heart of Flushing Imagine owning a piece of one of Queens' most dynamic and sought-after neighborhoods. 41-37 Parsons Blvd isn't just a building—it's a strategic investment in a community defined by growth and demand.
This 16-unit multi-family property delivers both immediate income and long-term security. With a newly replaced roof and updated heating system, you can invest with confidence, free from major near-term repairs. The ideal mix of two-bedroom units ensures a pipeline of qualified tenants, while individual electric meters keep operating costs predictable and low. Plus, with four off-street parking spaces already generating revenue, you're acquiring an asset that works harder for you from day one.
Total Units: 16 Unit Mix: 14 Two-Bedroom & 2 One-Bedroom Apartments
NEW Roof Replacement UPDATED Gas Heating System Individual Electric Meters per unit 4 Off-Street Parking Spaces.
Don't miss your chance to anchor your portfolio in Flushing. Your premier investment opportunity awaits.
Pool Y/N: No
Cooling: Yes
Rent Control # of Units: 0
Rent Stabilized # Units: 0
Bedrooms: 30
Full Baths: 16
Total Baths: 16
Year Built: 1977
Building SqFt: 13800
Unit 1
Unit 1 - Level: 1
Unit 1 - # Bedrooms: 18
Unit 1 - # Baths: 6
Rent/Month: 5800
Sewer
City: 1
Unit 2
Unit 2 - # Baths: 3
Rent/Month: 6985
Unit 2 - Level: 2
Unit 2 - # Bedrooms: 20
Unit 3
Unit 3 - Level: 3
Unit 3 - # Bedrooms: 8
Rent/Month: 6860
Unit 3 - # Baths: 4
Electric
220: 1
Unit 4
Unit 4 - # Bedrooms: 4
Rent/Month: 660
Unit 4 - # Baths: 4
Showing Instructions
Call Agent: 1
Heat Source
Gas: 1
Heat System
Hot Water: 1
Electric Meters
Individual: 1
Gas Meters
Master: 1
Parking
Off Street: 1
Siding
Brick: 1
Income & Expense
Gross Income: 283900
Features
Apartment: 1
Other: 1
Building Info
Building Available SqFt: 13800
Sprinklers: No
Construction
Frame Brick: 1
AddressLegal
Street No.: 41-37
Street Name: Parsons
Street Suffix: Boulevard
County: Queens
State: NY
Zip Code: 11355
Area Name: Flushing
Parcel ID: 05051-0007
ContractLocation Information
Status: Active
Marketing/Listing Date: 2025-12-05
List Price: $4,500,000
Current Price: $4,500,000
Sub-Type: 9+F
Zoning: R7-1
Block: 05051
Lot: 0007
Property Features
Electric Meters: Individual
Siding: Brick
Gas Meters: Master
Heat Source: Gas
Heat System: Hot Water
Showing Instructions: Call Agent
Electric: 220
Features: Apartment; Other
Construction: Frame Brick
Parking: Off Street
Listing Courtesy of Reliance Realty One
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
