- For Sale $40,000,000
- Property Type Multi-Family
- Property Size 40,976 SF
- Units 48
- Lot Size 0.29 Acre
- Cap Rate % 5.5
- # of Floors 7
- Parking Spaces Avail. 24
- Parking Ratio 0.59 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 2023
- Date Updated Sep 25, 2025
Description
Building for sale in prime Flushing | 41 two bedrooms - 6 one bedrooms - 1 Studio
The Haru is a ground-up new construction of 7-stories located on 138-25 Barclay Avenue, Flushing.
Completed in 2023, the building is comprised of 48 residential units, 24 on-site parking spaces and
totals ~40,976 sf on a ~12,400 sf lot.
Currently, it is structured as a rental property, it has a 421-a tax abatement in place. Stabilization and
income growth are supported by neighborhood-scale investments, as it is situated in a prime
location.
Located in Downtown Flushing, at it's doorsteps are the 7-Train and LIRR at Flushing-Main St, and
destination retail including Tangram, Sky View Parc/The Grand, and New World Mall.
Just moments away are Citifield at Mets -Willets Point and the upcoming The NYCFC 25,000-seat
stadium (target 2027) and the Metropolitan Park entertainment/casino proposal (application
submitted 2025; pending state award).
Offering: Fee-simple interest in the entire property.
For additional details or to schedule a property tour, please contact the exclusive brokerage team at
Nest Seekers International.
Highlights
- Rapidly Growing
- High Traffic
- Close To Public Transportation
- Convenient Location
- Gym
- Lounge Area
- W/D-In Unit
- Virtual Doorman
- Bike Storage
- Elevator
- Package room
False
Contacts
Nestseekers International
Nestseekers International
Nestseekers International