New York, NY 11361

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 12
Pets: Pets No
Lot Size: 0.18 Acres

Financials

Price:$3,688,000
Annual Taxes:$71,394
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of AAA Young Shuen Realty Inc

Welcome to a rare and exceptional investment opportunity in one of the most desirable areas of Bayside.

Description

Welcome to a rare and exceptional investment opportunity in one of the most desirable areas of Bayside. This classic Tudor-style brick garden complex features 12 one-bedroom, one-bath units—fully leased to busy professionals who appreciate the convenience of excellent transportation options and proximity to Bayside’s vibrant shopping and dining scene. Situated on an 80x100 lot, the property offers nearly 10,000 square feet of living space and generates a gross annual income of over $260,000. Recent upgrades include new roof and electrical system. Located near Bell Boulevard and Northern Boulevard, residents enjoy easy access to a wide array of shops, restaurants, and supermarkets. The complex is within walking distance of the Bayside LIRR station and close to several major bus routes, including the QM3 express and Q12, Q13, and Q31 lines. Located in a top-rated school district, it’s just a short walk to the highly regarded PS 31 and MS 158. Easy to attract qualified tenants. Can't miss investment.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • High ceiling
  • Quartz/Quartzite Counters
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

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.