Legal 3 Family, Good Property to own live in one apartment and rent the other two or keep as investment.
| Website: | https://www.nestseekers.com/5631083 |
|---|---|
| Address: | New York, NY 11691 |
| Ownership: | For Sale |
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| Type: | Unknown |
| Bedrooms: | 3 BR |
| Bathrooms: | 1 |
Financials
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
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA Phone: +1 929-442-2208 | |
| Listing Courtesy of Voro LLC | |