Queens Village MINT Corner Legal 4 Family semi attached House Fully Rented with great Paying Tenants.

99-02 212th Street

Queens, NY 11429

Listing

Web ID:	5370602
Website:	https://www.nestseekers.com/5370602
Cross street:	99th Avenue
Building:	99-02 212th Street Queens
Type:	House
Era:	Post-war
Floors:	2

Property

Ownership:	Multi-Family
Rooms:	20
Bedrooms:	Studio

Financials

Price:$1,500,000

Real estate tax:$15,360

Description

Queens Village MINT Corner Legal 4 Family semi attached House Fully Rented with great Paying Tenants. Renovated Within the Last 5 Years from Top to Bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apts, and one - 1 Bedroom Apts. Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 141,540.00 Expenses only $ 26,485 yr NOI $ 115,055.00 yr with upside & add on value - 7.67% Cap rate! Gas boiler gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters All of the apartments have been updated roof have been updated last year all brand-new windows throughout the building stucco was done on the side of the building two years ago Selling Occupied with Paying Tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping plus transportation!

Monthly income: $11,795- Annual $141,540 Expenses Total: $26,485 Year Selling @ $1.5 M Cap rate 7.67%