10 Family + Store. New Construction & Non Rent Stabilized in great Sunnyside, Queens location--1 block from 7 Train at 46 Street, Bliss Station.
Each apartment and the store have their own separate furnace and hot water tanks--ie. tenants pay their own heat, hot water & electric--Low expenses for the owner.
Plus Real Estate Taxes are abated and only currently $3000/year.
Building is a great income producer with GREAT UPSIDE POTENTIAL--Sunnyside, Queens voted BEST NYC Neighborhood in 2011 by Time Out and New York Magazine.
1800sf store with Full Basement + One 2BR Apt + Nine 1BR Apts.
2nd & 3rd Floor Apartments have balconies on the front and back of the building.
Current Rent Roll--$18,900/month, $226,800/year.
Operating Expenses--ONLY $18,700/year
ASKING PRICE--$2,900,000 + 2% Buyers Broker Real Estate Commission.
Call Harvey Heit, LIC/NYC BUYER'S AGENT and BUYERS BROKER* at 917-748-4810 for more info and to make an appointment to see the property.
Seller’s Agent represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent with designated agents representing seller/owner and buyer/tenant. Buyer’s Agent* represents the buyer/tenant when showing the exclusives of other real estate firms. In all instances Broker treats all parties fairly and honestly. Broker actively supports equal housing opportunities.
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description nor as exclusive listings of the Broker. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to broker. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million.
