42-33 & 43-37 155th Street

• Contiguous Assemblage: Two adjacent 4-story walk-ups offered together – 33 units across ±25,840 SF on ±11,500 SF of land, giving a buyer scale and a single, efficiently managed footprint on 155th Street.
• Permanently Exempt Units: 8 units deregulated via high – rent vacancy pre – 2019 — a grandfathered free – market advantage no longer creatable under HSTPA.
• Value-Add Upside: In-place rents of $641,108 per year run well below the legal level of $858,557 per year – roughly $218K (34%) of embedded upside as units turn.
• Strong Flushing Fundamentals: Located in Murray Hill, one of Queens’ most stable and consistently in-demand residential rental submarkets.
• Transportation Accessibility: A short walk to the Murray Hill LIRR (Port Washington Branch) and roughly one mile to the 7 train at Flushing–Main Street, with Q12, Q13, Q15, Q28 and Q65 bus service nearby.