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$3,380,000
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Property Description
Modern 8-Unit Apartment Building in Prime Flushing Location - Built in 2022 Discover this newly built (2020) 8-unit apartment building in the heart of Fresh Meadows, offering a prime investment opportunity in one of Queens' most vibrant neighborhoods. The building features six single units and two spacious duplexes, designed with modern, stylish finishes to attract today's renters. Conveniently located, it offers an easy 20-30 minute commute to downtown Manhattan, making it highly desirable for both students and professionals. Just one mile from St. John's University and Queens College, the property benefits from a steady tenant base of students and working professionals, ensuring stable rental income. Residents enjoy on-site washers and dryers in the basement and have access to a variety of nearby restaurants, markets, and essential services. With strong demand in this sought-after area, this property presents an excellent opportunity for investors seeking a secure and high-yield rental asset. Don't miss out on this exceptional investment-contact us today for more details!
Full Property Details
Full Property Details for 161-09 72nd Ave
General
- Price: $3,380,000
- Taxes: $53,802
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 829594
- Updated: 12/31/2025
- Added to Site: 323 day(s) ago
Location
- County: Queens
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: See Remarks
- Building Size: 7093
- Square Feet: 7,093
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.0567
- Lot Size (Sq. Ft.): 2,470
Financial Considerations
- Tax Amount: $53,802.48
Disclosures and Reports
- Special Conditions: None
- Property ID: 06800-0006
Listed by Daniel Gale Sothebys Intl Rlty
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Schools
Schools serving 161-09 72nd Ave
School District:New York City Geographic School District 25
| Name | Grades | Distance |
|---|---|---|
Ps 154 75-02 162nd St, Queens, NY 11366 | K-5 | 0.1 mi |
I.S. 250 the Robert F Kennedy Community Middle School 158-40 76th Rd, Queens, NY 11366 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161-09 72nd Ave
Date
Details
Price
Change
Source
2/28/2025
Listed
$3,380,000
172.58%
MLS
11/22/2016
Sold
$1,240,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 161-09 72nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$58,097
8%
$464,779
-2%
2024
$53,802
8%
$472,050
18%
2023
$49,817
1223%
$398,473
2049%
2022
$3,765
-8%
$18,540
-5%
2021
$4,104
-6%
$19,500
-5%
2020
$4,343
-47%
$20,520
-77%
2019
$8,203
7%
$88,080
141%
2018
$7,648
6%
$36,561
3%
2017
$7,234
5%
$35,486
3%
2016
$6,879
3%
$34,411
1%
2015
$6,694
14%
$34,232
6%
2014
$5,880
9%
$32,295
6%
2013
$5,384
—
$30,468
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 161-09 72nd Ave
16109 72nd Avenue, Fresh Meadows, NY 11365 (MLS# 829594) is a Commercial property. 16109 72nd Avenue is currently listed for $3,380,000 and was received on February 28, 2025. Want to learn more about 16109 72nd Avenue? Do you have questions about finding other Commercial real estate for sale in Fresh Meadows? You can browse all Fresh Meadows real estate or contact a Coldwell Banker agent to request more information.

