16502 Sanford AVE new Save Request In-Person Tour Request Virtual Tour
Flushing,NY 11358
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 42,601 sqft
Price per Sqft $516
MLS Listing ID 492728
Year Built 2025
Annual Tax Amount $282,675
Property Sub-Type Mixed Use
Property Description
This newly constructed 2025 mixed-use brick building is located in a prime, highly visible, and sought-after neighborhood, offering a rare and exceptional investment opportunity. The property features 16 residential condominium units, 11 community facility spaces, and a total of 33 parking spots. Spanning 42,601 square feet, the building includes 18,410 square feet of residential space, 12,609 square feet allocated for community facilities, and 11,581 square feet dedicated to 30 indoor parking spaces in the sub-cellar. The elevated structure includes 6 community facility units in the basement with a separate entrance, 5 additional community facility spaces and 3 outdoor parking spots on the ground floor, and 16 residential units across the second and third floors. The residential layout comprises 2 duplex units with three bedrooms and two bathrooms, 4 three-bedroom and two-bathroom units, and 10 two-bedroom and two-bathroom units. Each condo is outfitted with a private balcony, an individual water heater, split air conditioning and heating systems, and an in-unit washer and dryer. The building also offers a spacious rooftop terrace, a 78x110-foot footprint, and sits on a 100x131-foot lot. This one-of-a-kind property is an excellent opportunity and won't last long!
MLS Approve- No financial provided due to property being vacent
Location
State NY
County Queens
Area Flushing
Zoning R5B
Rooms
Basement Finished,Full,Separate Entrance,Sub-cellar
Interior
Interior Features Elevator – Passenger,Fire Sprinkler,Intercom
Hot Water Electric
Heating Electric
Flooring Hardwood,Tile
Heat Source Electric
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 5
Foundation Poured Concrete
Others
Energy Description Electric
Financing 1031 Exchange,Bank Mortgage,Cash