SOLD FOR $1,960,000
· Sold at asking price · Closed March 29, 2021
$1,960,000
$506 per sq ft
132-56 Sanford Avenue
MLS® #RLS10680188
Listing by Compass
8
Bedrooms
4
Baths
3,872
Sq. Ft.
1975
Year Built
Sale Details
Property Summary
Description
5.5 Cap Fully Leased! Amazing Investment Opportunity in the heart of Downtown Flushing. This semi-detached three-family corner brick house is an exceptional opportunity for investors or homebuyers seeking income generated from two additional rental units. The top two 3-bedroom/1.5-bathroom units of this multifamily feature fully gut renovated units with hardwood floors, open kitchen, stainless-steel appliances and washer/dryer in one of the units. The bottom 2-bedroom/1-bathroom unit features an eat-in kitchen and direct access to parking. Additional parking and storage in the basement can be personally used or rented out. Great turnkey investment with excellent upside. 132-56 Sanford Ave is conveniently close to prime Downtown Flushing and the Flushing Main Street 7 Train line & LIRR station. Located between Main St and College Point Blvd and minutes away the New World Mall, Queens Crossing and The Shops at SkyView Center. About 20-25 minutes from Grand Central on the Express 7 Train, 15 minutes from LGA by car. Unit 1 & Unit 2 Tenants Month-to-Month, Unit 3 - Tenant in Place until Spring 2021, 24-48 Hour Notice for Showings
Property Details
Listing courtesy of Jennifer Luu at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.