New York, NY 11691

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 3 BR
Bathrooms: 1

Financials

Price:$1,250,000
Annual Taxes:$6,070
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Voro LLC

Legal 3 Family, Good Property to own live in one apartment and rent the other two or keep as investment.

Description

Legal 3 Family, Good Property to own live in one apartment and rent the other two or keep as investment. PROJECTION: FLOOR-1 TWO BEDROOMS $2,500 Mo. FLOOR-2 THREE BEDROOMS $3,500 Mo. FLOOR-3 THREE BEDROOMS $3,500 Mo. Tot. Year inclome: $114,000 Tot. Year Expense: $17,000 (taxes, Ins., Heat) NOI: $97,000 Yr. (Net) appx. 8% Cap rate Lease and resell for new value with a 5% Cap rate for $1,940,000 -- Retun profit of $699,000 within 6 months to 1 year. The information has ben provided by the seller and has not been verified bythe Broker. Information is deemed reliable but not guaaranteed.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public

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.