10 Beds
6 Baths
10 Beds
6 Baths
OPEN HOUSE
Sun Apr 06, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY825397
Bedrooms 10
Full Baths 6
Originating Board onekey2
Rental Info No
Year Built 2007
Annual Tax Amount $39,903
Lot Dimensions 25x100
Property Sub-Type Quadruplex
Property Description
Plus 4 luxury residences. Two two-bedroom, one living room, and one bathroom on the second floor. The current monthly rents for each is $2,000. Each unit has the potential to be rented for $2500 to $2950. The third and fourth floors are two duplexes with three bedrooms, one living room and two bathrooms , the current monthly rents for each is $2,350. Each one has the potential to be rented for $3200 to $3500. All residential tenants no longer have a lease and can sign a new one.
Only 1 block away from 7 train 103 St–Corona Plaza, close to major highways, shops, and restaurants, convenient to all. A rapidly growing area with increasing property values and rental demand.
Perfect for both self-use and investment.
Free Market
Zoning districts: R6B, C1-4
Building Size: 5,700SF (25' x 70')
Lot Size: 2,500 SF (25' x 100')
Taxes: $39,903
Current Monthly Rent: $20,550
Total Yearly Rent: $246,600
Yearly Expenses: $40,000
NOI now : $206,600
Recent CAP Rate: 6.4% (After the new lease is signed, the cap rate will be raised over 8.% )
All informations you have to be verified by the buyer.
Location
State NY
County Queens
Rooms
Basement Finished, See Remarks
Interior
Interior Features Chefs Kitchen, Eat-in Kitchen, Entrance Foyer, Formal Dining, Galley Type Kitchen, High Ceilings, Marble Counters, Primary Bathroom, Master Downstairs, Open Kitchen
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Block,Brick,Unknown
Others
Senior Community No
Special Listing Condition None
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