8640 123rd ST new Save Request In-Person Tour Request Virtual Tour
Richmond Hill,NY 11418
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 892533
Year Built 1931
Annual Tax Amount $24,738
Lot Size 3,576 Sqft
Property Sub-Type Multi Family
Property Description
Exceptional 6 unit investment in prime Richmond Hill. This rent-stabilized six unit multifamily features six 2-bedroom and 1 bath apartments. The rooms are large and spacious. The roof is less than a year old and in excellent condition. All tenants are current with their rent, generating $107,000 plus annual income. Updated electricity and plumbing. This property offers a rare chance with a strong cash flow and significant long-term appreciation potential. Situated near schools, shopping and transportation.
Location
State NY
County Queens
Interior
Heating Baseboard,Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Parking Features None
Utilities Available See Remarks
Building
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Queens 27
School District Queens 27
Others
Special Listing Condition None