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$ 1,500,000
Est. payment /mo
Active
99-02 212th ST Queens, NY 11429
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 501122
Style High Ranch
Bedrooms 8
Full Baths 4
Annual Tax Amount $15,360
Property Sub-Type Multi-Family
Property Description
Queens Village MINT Corner 4 Family semi attached House Fully Rented with great Paying Tenants. Renovated Within the Last 5 Years from Top to Bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apts, and one - Two - 1 Bedroom Apts. (Total 5 units) Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 141,540.00 Expenses only $ 26,485 yr NOI $ 115,055.00 yr with upside & add on value - 7.67% Cap rate! New gas line, Electric, Gas boiler gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters All of the apartments have been updated roof have been updated last year all brand-new windows throughout the building stucco was done on the side of the building two years ago Selling Occupied with Paying Tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping plus transportation! Top floor front 2 bedroom vacant! Newly renovated!
Monthly income: $11,795- Annual $141,540 Expenses Total: $26,485 Year= Selling @ $1.5 M Cap rate 7.67%
Monthly income: $11,795- Annual $141,540 Expenses Total: $26,485 Year= Selling @ $1.5 M Cap rate 7.67%
Location
State NY
County Queens
Area Queens Village
Rooms
Basement Finished, Separate Entrance, Walk-in
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood, Laminate
Heat Source Gas
Exterior
Exterior Feature Stucco
Amenities Available NONE
Roof Type Rubber
Handicap Access Unknown
Building
Foundation Block, Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by BRP Associates Inc
