$5,050,000
$5,600,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
28 Beds
24 Baths
19,200 SqFt
SOLD DATE : 03/01/2022
Key Details
Sold Price $5,050,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 19,200 sqft
Price per Sqft $263
MLS Listing ID L3339500
Bedrooms 28
Full Baths 24
Year Built 1930
Annual Tax Amount $26,275
Property Sub-Type Multi Family
Property Description
Take advantage of this great investment opportunity and win with inflation. This twenty-four units building has twenty one-bedroom apartments and four two-bedroom ones. Well-maintained condition of this real estate combined with excellent location (one block away from the M-train (Seneca) and 3 blocks away from the L-train (Myrtle-Wyckoff) guarantees that you will always have a meager vacancy rate. It produces a gross income of $377,808 annually and a net income of $291,116. Offered to you at a 5.20% capitalization rate!, Building Size:59 x 87
Location
State NY
County Queens
Interior
Heating Natural Gas, Steam
Cooling None
Exterior
Parking Features None
Amenities Available Park
Building
Lot Description Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Ps 239
Middle Schools Is 77
High Schools Queens24
School District Queens24
Others
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Non-Member
GET MORE INFORMATION
