New York, NY 11418

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 11 BR
Bathrooms: 6
Pets: Pets No
Lot Size: 0.07 Acres

Financials

Price:$1,600,000
Annual Taxes:$26,510.88
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of BLT Minimax Realty Inc

Description

**FINALLY ALL RENTALS ARE VACANT!!** VACANT 6 FAMILY READY FOR DEREGULATION! MAKE ME FREE MARKET! THE WHITE WHALE IN REAL ESTATE! HELLO INVESTORS! We have a Once In A Long Time Opportunity for Easy Investment Income IN A 80 FOOT LONG BUILDING! This is a VACANT 6 FAMILY BUILDING THAT CAN BECOME FREE MARKET WITH RENOVATIONS!! CURRENTLY A BOXED LAYOUT OF (5) 2 BEDS AND (1) OVERSIZED 1 BED! HOWEVER, THE LAYOUT AND SIZE OFFERS AN EASY 3 BED CONVERSION...THAT WOULD BE (6) 3 BEDS! About 1,840 SQFT per floor (Building Size is 23 BY 80). 80 FEET LONG - Location, Location, Location... a 3 Block Walk Distance to FOREST PARK! - SITUATED IN BETWEEN the J/Z Subway, Multiple Buses, and Anything a Renter Desires. - Surrounded by eateries and night time entertainment! - and ONLY a 3 Minute Walk to the Subway (J/Z Line) Built in 1930, 8801 107 Street is a MASSIVE 11 Bedroom/ 6 Bathroom MultiFamily Located in the Heart on the BORDER of Woodhaven and Richmond Hill! This 6 Family Home is R3-1 Zoning. This is a Desirable place to call home for many of your potential renters because of the convenience to the City, the Parks, and the Shops and Eateries that run along almost all of its busy streets! In a neighborhood where everyone walks or rides a bike, is a Renters Top Pick...which makes MONEY for a savvy investor familiar with deregulating a property like this with DHCR. Building Layout: First Floor: (1) 1-Bedroom BOXED unit AND (1) 2-Bedroom BOXED Unit with Eat-in Kitchen Floor Two: (2) 2-Bedroom BOXED Units with Eat-in Kitchens Floor Three: (2) 2-Bedroom BOXED Units with Eat-in Kitchens ROOF IS A WALK OUT AND IS IN EXCELLENT CONDITION! Other Fantastic Details that make this your next purchase : Lot: 30 BY 100 Building: 23 BY 80 Building Class: Walk Up LOCATED IN A RENTERS HAVEN Tall Ceilings Taxes: $26,510.88 GREAT FOR AN END USER AS WELL AS INVESTOR.

Amenities

  • Eat-in Kitchen
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

FINALLY ALL RENTALS ARE VACANT !

View of building exterior

Long Island MLS

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.