Welcome to 158-16 Sanford Avenue- an extraordinary multi-family investment opportunity located in the much sought after section of Flushing! This property provides for 13,000 SF across four stories, featuring 20 one bedroom units generating a gross income of $385,000 with an upside for additional revenue streams! This fully detached brick structure is situated on a 6,700 square foot corner lot & immaculately maintained by a live-in superintendent. Each apartment is separately metered for both gas & electricity consumption, in addition to simple open layouts with natural light coming in from multiple exposures. The rooftop can easily accommodate a cell site, and or be upgraded to a rooftop deck setting. The basement grants an additional 3,000+ SF outside of the 13,000 SF which can easily allow for a laundry setting, as well as bike & or assigned storage units which would bring in additional income. The side yard of the subject property furthermore allows for vehicle parking. This property promises consistent returns for years to come with tremendous upside for additional revenue streams & high ROI in one of New Yorks' most vibrant of neighborhoods! -Centrally located: Near #7 train, LIRR (Murray Hill train station), Buses, Express buses, commuters mini buses & Airports (La Guardia Airport is located within 15 minutes) -Close proximity to banks, restaurants, supermarkets, stores & shopping malls (ex. New World Mall & The Shops at Skyview Center) -Close proximity to parks, schools, library, expressways (I-678, Whitestone Expressway, Northern Blvd. (Route 25A)
Active
Price cut: $240K (7/22)
$4,750,000
15816 Sanford Ave, Flushing, NY 11358
20beds
13,000sqft
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$365/sqft
$-- HOA
What's special
- 129 days
- on Zillow |
- 301 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 01:07pm
Listing by:
Coldwell Banker American Homes 917-364-5645,
Randolph Saa
Source: StreetEasy,MLS#: S1761844
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 20
- Full bathrooms: 20
Interior area
- Total structure area: 13,000
- Total interior livable area: 13,000 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1926
Community & HOA
Community
- Subdivision: Flushing
Location
- Region: Flushing
Financial & listing details
- Price per square foot: $365/sqft
- Annual tax amount: $53,424
- Date on market: 3/26/2025
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