Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:C1,049,000
($759,444.53)
(€671,207.58)
Annual Taxes:C7,599
505 Park Ave, New York, NY 10022

Description

Are you looking for a lucrative, turn key investment in an ideal location near Queens University? This spacious student rental property features six bedrooms, four full bathrooms, and an updated living room, kitchen, and pantry, making it a first choice for campus living. Currently leased at $7,200/month to ideal tenants (projecting a stable 7.5% year one return!), it is ideally located just steps from Queens main campus on a quiet tree-lined street. The property offers unbeatable proximity to amenities such as a grocery store, lakeside sand beach complex, volleyball courts, scenic park trails, and a renowned performing arts theater. These features combined with the quality of the build and interior layout ensures consistent high demand and long-term investment stability. With a beautifully maintained interior, generously sized above-grade bedrooms, ample common spaces and clean modern construction this low-maintenance property presents an exceptional opportunity to capitalize on Kingston's thriving market.

Amenities

  • Guest Accommodations
  • In-Law Capability
  • In-Law Suite

Are you looking for a lucrative, turn key investment in an ideal location near Queens University ?


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.