7 Unit Building In The Heart Of Queens 6 units of One bedroom amp ; 1 unit of two bedrooms.


Property

Website: https://www.nestseekers.com/5155227
Address:
New York, NY 11368
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio

Financials

Price:$2,299,999
Annual Taxes:$1,980

Description

7 Unit Building In The Heart Of Queens-6 units of One-bedroom & 1 unit of two-bedrooms. Basement: Utility Room, Rooms, Bath, Access To The Backyard. 1 F 2 Bedrooms, 2 Full Baths, Lr/ Dr, Kitchen. All other units 1 Bedroom & 1 Full Bath, Living Room & Kitchen. Strong Cash Flow Investment. Walk to the subway station for 10 Minutes. Prime Location Close to Shopping, Laundromat, and Highways. This building is being sold as a whole, but investors can sell each unit separately as a condominium. Please Verify And Contact your Attorney. No Rent Stabilize! 7 Unit Building In The Heart Of Queens-6 units of One-bedroom & 1 unit of two-bedrooms. Basement: Utility Room, Rooms, Bath, Access To The Backyard. 1 F 2 Bedrooms, 2 Full Baths, Lr/ Dr, Kitchen. All other units 1 Bedroom & 1 Full Bath, Living Room & Kitchen. Walk to the subway station for 10 Minutes. Prime Location Close to Shopping, Laundromat, and Highways. This Building Is Being Sold As A Whole. Investor Also Can Sell By Each Condo. Please Verify And Contact your Attorney. This Is A Rare Chance To Acquire A Solid Performing Asset In A Desirable Location With Stable Income And Upside Potential. Excellent Opportunity For Investors Seeking Strong Cash Flow And Long-term Growth Potential. Ideal For Investors Or 1031 Exchange Buyers. Opportunity For Future Rental Growth. Approx. 5.5% Cap Rate With Strong Income And No Rent Stabilized Units. Do Not Miss The Opportunity!!!

Amenities

  • Balcony
  • Cable - Available
  • Electricity Available
  • Fire Alarm
  • Fire Escape
  • Fire Sprinkler System
  • Gas Cooktop
  • Gas Oven
  • Gas Water Heater
  • Natural Gas Available
  • Phone Available
  • Refrigerator
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Douglas Elliman Real Estate