5114 5116 Avenue N Prime Income Producing Investment Opportunity Discover an exceptional investment opportunity at 5114 5116 Avenue N, featuring a substantial 90' x 140' building located on Block 7896, ...
New York, NY 11234
Listing
| Web ID: | 5602028 |
|---|---|
| Website: | https://www.nestseekers.com/5602028 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | Studio |
| Lot Size: | 0.2 Acres |
Financials
Price:$3,600,000
Annual Taxes:$25,358.12
Description
5114–5116 Avenue N – Prime Income-Producing Investment Opportunity
Discover an exceptional investment opportunity at 5114–5116 Avenue N, featuring a substantial 90' x 140' building located on Block 7896, Lot 46. This well-positioned income-producing property generates an impressive annual net operating income of $139,664.28, offering investors strong and consistent cash flow.
Adding to its appeal, the property benefits from a nearby parking lot, providing convenient parking for tenants, employees, and visitors—an increasingly valuable amenity that enhances accessibility and the overall desirability of the property.
Property Highlights:
Building Size: 90' x 140'
Block/Lot: Block 7896 / Lot 46
Annual Net Operating Income: $139,664.28
Parking lot located nearby for added convenience
Strong, stable cash flow
Excellent long-term investment opportunity
Contact
Listing Courtesy of 5 Boro Realty Corp