New York, NY 11208

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$990,000
Annual Taxes:$16,155
Listing Courtesy of A Class Realty

Turnkey Cash Cow on a Tree Lined Street !

Description

Turnkey Cash Cow on a Tree-Lined Street! Looking for an easy, fully occupied investment? This solid 6-family building is a total win. Located on a quiet, beautiful street just steps from shopping and major transit, it’s a tenant favorite. The Breakdown:• Six spacious 2-bedroom units.• 3-story walkup on a 28x100 lot (28x68 building footprint).• Strong $101,000 gross income with low $16,000 property taxes.• 100% rental collections from excellent, stable tenants.• Gas boiler system in place. Bonus Upside: The massive vacant basement is a blank canvas. Add coin-op laundry, tenant storage lockers, or duplex it with the ground-floor units to instantly boost your monthly cash flow. Want to expand faster? This property can be purchased as a package deal with 460 Grant Ave! Don't miss out on this stress-free income producer. Schedule your tour today!

Amenities

  • Electricity 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.