Payal Masand
Cell: (516) 945-9882
Cell: (516) 945-9882
MLS#1021709
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
Opportunity is knocking with this legal 8-family Tudor in the highly sought-after Auburndale neighborhood. This exceptional investment property features six spacious 1-bedroom apartments and two 2-bedroom, 2-bath duplex units, offering strong current income with additional upside potential.The building includes newer boilers and upgraded electrical systems, providing peace of mind for investors. Conveniently located near the Auburndale LIRR station, residents enjoy an easy commute to Manhattan and access to nearby amenities.With an estimated NOI of $135,615 and significant value-add opportunities, this property presents tremendous future potential. Investors may increase income by completing the basement space, where first-floor apartments could potentially be converted into legal duplex units, adding approximately 588 square feet to each apartment, subject to approvals and compliance with NYC zoning and building regulations. Additional basement space may also be utilized for common laundry facilities and tenant storage areas.The property also offers the possibility of conversion back into two 4-family buildings, subject to compliance with NYC zoning and building codes.A rare opportunity to acquire a high-income-producing property with immediate cash flow and long-term growth potential.
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: None
Heating: Natural Gas
Stories: 3.0
Taxes: $44,676
Year Built: 1931
Feature Descriptions
Building Area Total: 8600
Exterior: Brick, Stucco
Heating Units: 2
On Market Date: 2026-07-06
Parcel Number: 190-17 Crocheron Av
Parking Features: Off Street
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 10
Sewer: Public Sewer
Units: 8
Utilities: Natural Gas Connected
Water: Public
Local Schools
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Island Advantage Realty LLC
Agency Contact: 631-351-6000
Shown By
Agent Name: Payal Masand
Agent Phone: Cell: (516) 945-9882
Agency Title: Coldwell Banker American Homes
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190-15 Crocheron Avenue | MLS# 1021709
This commercial property located at 190-15 Crocheron Avenue , Flushing, NY 11358 is currently listed for sale with an asking price of $2,699,999. 190-15 Crocheron Avenue is located within the Contact Agent school district. Search Flushing real estate on payalmasand.cbamhomes.com today.