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    Address Not Available By Request

    Flushing, NY 11355
    • $5,688,000
    • STATUS: Active
    • ON SITE: 309 Days
    • MLS #: 3275553
    UPDATED: 23 min ago
    $5,688,000
    • 10
      BEDS
    • 0.11
      ACRES
    • 20
      BATHS
    • 1
      1/2 BATHS
    • 17,325
      SQFT
    • $328
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:
    Area:

    School Information

    Middle School:
    High School:
    School District:

    Description

    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!

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    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Laffey International Realty. Data last updated: 2021-10-21T14:18:01.117.
    www.livethedreamlongisland.com/homes/112618371
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    Address Not Available By Request Flushing, NY 11355

    • Price: $5,688,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 3275553
    10
    Beds
    20
    Baths
    1
    ½ Baths
    0.11
    Acres
    17,325
    SQFT
    $328
    $/SQFT
    1928
    Built
    Neighborhood:
    Queens
    County:
    Queens
    Area:
    Queens
    Middle School:
    Jhs 194 William Carr
    High School:
    Flushing High School
    School District:
    Queens 25
    Property Description
    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!
    Exterior Features

    Architectural Style Other Building Size 40X80 Construction Materials Brick Garage YN No Lot Features Near Public Transit Lot Size Dimensions 50X100 Parking Features NoneOn Street

    Interior Features

    Appliances DryerOvenRefrigeratorWasher Basement FinishedFull Cooling YN Yes Fireplaces Total 0 Heating Natural GasSteam Interior Features Den/Family RoomHome OfficeLiving Room / Dining Room Number Of Kitchens 20 Rooms Total 70

    Property Features

    Inclusions DryerRefrigeratorWasher Lease Considered YN No Property Attached YN No Property Condition Very Good Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 62819.00 Water Source Public

    Listing courtesy of Deirdre Folan of Keller Williams Rlty Landmark.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Laffey International Realty. Data last updated: 2021-10-21T14:18:01.117.
     
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    Berkshire Hathaway HomeServices Laffey International Realty
    315 Main Street
    Huntington NY, 11743