191-08 Station, Flushing, NY 11358
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
191-08 Station,Bayside, NY 11358
$1,550,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: young n. kim, hyounghwaqn khoo
Office: cana realty
MLS#:1062507
Source:OneKey MLS
Price summary
- Price:$1,550,000
About this home
CANA Realty is pleased to present 191-08 Station Road, a premier 4-unit residential asset located in high-demand East Flushing along the Bayside border. Offering strong, stable in-place income with a 4.83% Cap Rate, this asset represents a secure investment in an extremely tight rental market.
Executive Summary:
Asking Price: $1,550,000
Cap Rate: 4.83%
Building Size: Approx. 2,368 SF
Lot Size: 3,100 SF (31' x 100')
Parking: 6 On-Site Parking Spaces (Private Driveway & Rear Parking)
In-Place Gross Income: $107,160 / year ($8,930 / month)
Net Operating Income (NOI): $74,863 / year
Unit & Income Breakdown:
Unit Layout: 100% 1-Bed / 1-Bath Units (4 Units Total)
Unit 1: $2,100 / mo ($25,200 / yr)
Unit 2: $2,500 / mo ($30,000 / yr)
Unit 3: $2,030 / mo ($24,360 / yr)
Unit 4: $2,300 / mo ($27,600 / yr)
Expenses: Property Tax: $26,297
Insurance: $2,800
Gas (Heating): $1,300
Water & Sewer: $700
Repairs & Maintenance: $1,200
Total Annual Expenses: $32,297
Investment Highlights:
Turnkey Cash Flow: Fully occupied with steady, reliable tenants producing $107,160 annual gross revenue.
Rare Parking Capacity: Features 6 dedicated parking spaces, a major competitive advantage and value-add asset in Flushing/Bayside.
Solid Construction: All-brick structure with low operating expenses and a full basement for utilities/storage.
Prime Transit-Oriented Location: Just minutes to the LIRR Broadway Station for a fast commute into Manhattan, Northern Blvd, local dining, and top-rated Queens School District 26 (P.S. 31 / I.S. 25)....
Contact an agent
Home facts
- Year built:1951
- Listing ID #:1062507
- Added:9 day(s) ago
- Updated:October 24, 2026 at 11:28 AM
Rooms and interior
- Basement:Yes
- Basement Description:Full
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1951
- Construction Materials:Brick
Schools
- High school:Francis Lewis High School
- Middle school:Irwin Altman Middle School 172
- Elementary school:Ps 31 Bayside
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,550,000
- Tax amount:$26,297 (2026)
Parking
- Total parking spaces:6
- Parking description:Detached
New listings near 191-08 Station
- Coming Soon
$1,380,000Coming Soon-- beds -- baths2,004 sq. ft.3235 Leavitt Street, Flushing, NY 11354
MLS# 1065909Listed by: CHASE GLOBAL REALTY CORP - Coming Soon
$1,550,000Coming Soon6 beds 4 baths2,140 sq. ft.146-26 25th Drive, Flushing, NY 11354
MLS# ONE3590889Listed by: KELLER WILLIAMS RLTY LANDMARK - New
$349,000Active2 beds 1 baths950 sq. ft.7813 Park Drive E #2A, Kew Garden Hills, NY 11367
MLS# 1066236Listed by: REALTY EXECUTIVES TODAY - New
$589,418Active1 beds 1 baths525 sq. ft.31-35 137th Street #4E, Flushing, NY 11354
MLS# 1066379Listed by: E REALTY INTERNATIONAL CORP - New
$760,000Active2 beds 2 baths695 sq. ft.31-35 137th Street #4F, Flushing, NY 11354
MLS# 1066382Listed by: E REALTY INTERNATIONAL CORP - New
$594,825Active1 beds 1 baths525 sq. ft.31-35 137th Street #5E, Flushing, NY 11354
MLS# 1066385Listed by: E REALTY INTERNATIONAL CORP - New
$869,038Active2 beds 2 baths754 sq. ft.31-35 137th Street #5H, Flushing, NY 11354
MLS# 1066386Listed by: E REALTY INTERNATIONAL CORP - New
$819,666Active2 beds 2 baths708 sq. ft.31-35 137th Street #6A, Flushing, NY 11354
MLS# 1066387Listed by: E REALTY INTERNATIONAL CORP - New
$899,910Active2 beds 2 baths754 sq. ft.31-35 137th Street #7C, Flushing, NY 11354
MLS# 1066389Listed by: E REALTY INTERNATIONAL CORP - New
$887,677Active2 beds 2 baths754 sq. ft.31-35 137th Street #8G, Flushing, NY 11354
MLS# 1066390Listed by: E REALTY INTERNATIONAL CORP