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Shirokia Tower 142-28 38th Ave

23 Unit Block of Flats For Sale Flushing, NY 11354

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Executive Summary

• The heart of Downtown Flushing – Very close proximity to 7 Train and LIRR
• 26 Residential Condos, 3 Commercial Spaces, and a parking garage containing 27 spots
• Projected Condo Exit = $47,208,400
• Have the ability to build into a 10%+ cap rate on cost

Property Facts

Sale Type	Investment	Lot Size	0.23 AC
No. Units	23	Building Size	60,810 SF
Property Type	Residential	Number of Floors	11
Property Subtype	Apartment	Year Built	2007
Apartment Style	Mid Rise	Parking Ratio	0.84/1,000 SF
Building Class	B

Sale Type	Investment
No. Units	23
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	B
Lot Size	0.23 AC
Building Size	60,810 SF
Number of Floors	11
Year Built	2007
Parking Ratio	0.84/1,000 SF