New York, NY 11106

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: No Pets Allowed

Financials

Price:$1,700,000
Annual Taxes:$3,790
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Prime Realty

Legal quadruplex semi detached building on a quiet residential block in Astoria, near transportation and just 15 minutes to Midtown Manhattan.

Description

Legal quadruplex semi-detached building on a quiet residential block in Astoria, near transportation and just 15 minutes to Midtown Manhattan. Close to the waterfront and Astoria Cove. Layout: 1st Floor: Studio + utilities room 2nd Floor: 3 bedrooms, 2 full baths, LR, kitchen 3rd Floor: Two 1-bedroom units, each with kitchen, LR/DR & balcony Features multiple balconies, 1 indoor garage, and 3 outdoor parking spaces. All units rented with excellent tenants. Gross Income: $120,600/year Annual expenses (paid by landlord): Taxes: $10,000 Heat & cooking gas: approx. $11,000 Water: approx. $6,000 Insurance: approx. $4,500 Actual CAP Rate: 5.2%

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Other
  • 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.