Great opportunity to invest in two prime buildings located in the heart of Queens!
Website: | https://www.nestseekers.com/3461067 |
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Address: | 61-19 Madison St Queens, NY 11385 |
Cross street: | Fresh Pond Rd. |
Ownership: | income-property |
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Type: | Multi-Family |
Rooms: | 56 |
Bedrooms: | 31 BR |
Bathrooms: | 9 |
Pets: | Pets Allowed |
Area: | 9200 sq ft |
Lot Size: | 3600 sq ft |
Financials
Price: | $2,260,000 |
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Annual Taxes: | $22,405 |
Description
Imagine owning a slice of the vibrant and lucrative New York City real estate market! We’re thrilled to present you with an exclusive opportunity to invest in two prime buildings located in the heart of Queens, offering unparalleled potential for substantial returns.
Strategic Location: Both properties are strategically situated in Ridgewood and Woodside, two of the most sought-after neighborhoods, in one of the most sought after boroughs in New York City!
Proven Income: With a combined gross income of $388,344.60, these buildings generate consistent and substantial rental revenue. With room for additional revenue!
Solid NOI: The Net Operating Income of $276,543.88 demonstrates the potential for strong and stable returns.
Diverse Tenant Base: Enjoy a diverse and reliable tenant base, contributing to the stability and resilience of your investment.
This is your chance to enter the New York City real estate market with confidence and secure a steady stream of income. Don’t miss out on this exclusive opportunity to become a part of the thriving real estate landscape in Queens.
For more detailed financials, property insights, or to schedule a private consultation, please email or call us directly. Seize this opportunity to diversify your portfolio and achieve your investment goals in the iconic city that never sleeps!
This building is part of a package deal. The other location is 61-19 Madison Street. The total asking price is $4,650,000 at a 6% CAP rate.
Amenities
- combined apartment
- corner-apartment
- Hardwood Floors
- Investment Property
Exposures
- North
- South
Contact
Phone: 914-282-8898 | |
Licensed Real Estate Salesperson Licensed as Christopher Johnson Mobile: +1347-506-8531 Phone: +1212-252-8772 | |
Licensed Real Estate Salesperson Mobile: +15164602623 Phone: +1212-252-8772 | |
Licensed Associate Real Estate Broker Mobile: +1914-282-8898 | |
505 Park Ave, New York, NY 10022 Phone: +1212-252-8772 |