For Sale $5,688,000

Listed 282 days ago for $6,288,888
  • Basement: Finished, Full
  • Multi Family
  • School District: Queens 25
  • 70 Rooms
  • 10 Beds
  • 20 Baths
  • 1 Half Baths
  • Built: 1928
  • Lot Size: 0.11 Acres
  • Heating: Natural Gas, Steam
  • Taxes $5,235 (Monthly)
  • Taxes: $62,819 (Yearly)
  • Interior Features: Den/Family Room
    Home Office
    Living Room / Dining Room
20 Unit Brick Building features 10 (1 Bdrm Apts), and 10 (Studios) w/Tenants in Place. 6 Leases Rent Stabilized for 1 Yr, End Oct 2021 & 14 leases month to month. Projected Annual Rental Income (1800x10 and 1500x10) x12 Months= 396K. Expenses Aug 2019 to Oct 2020 is $139,097. Annual New Income Should Be 256,903 @ 4.08% Cap Rate. Very Convenient Location to Transportation Buses, Subway & Shops, Flushing Main Street. Solid Building, NYC Sq Ft 17,325, 3 Washer,2 Dryers in Bsmt. 4 years NEW Boiler/Hot Water Tank/Roof ! Excellent Investment Opportunity!
Architectural Style
Other
Construction Materials
Brick
MLSID
3275553
First Floor
20 Apartments- 10 (1 Bedroom Apartments)/ 10 ( Studio Apartments)
Basement
Full Finished Utility Rm, Laundry Rm/ Office

Find out more

Your message has been sent
Ask Deirdre
Schedule a Tour?

Thu

23

Sep
Fri

24

Sep
Sat

25

Sep
Sun

26

Sep
Mon

27

Sep
Tue

28

Sep
Wed

29

Sep
Thu

30

Sep
Fri

1

Oct
Sat

2

Oct
Sun

3

Oct
Mon

4

Oct
Tue

5

Oct
Wed

6

Oct
11:00 AM
11:30 AM
12:00 PM
12:30 PM
1:00 PM
1:30 PM
2:00 PM
2:30 PM
3:00 PM
3:30 PM
4:00 PM
4:30 PM
5:00 PM
5:30 PM
6:00 PM
6:30 PM
7:00 PM

About this area

For Sale Nearby

Recently Sold Nearby

Data was last updated 2021-08-23 09:23:42