Turnkey 12 unit investment opportunity in Queens !
| Website: | https://www.nestseekers.com/5714243 |
|---|---|
| Address: | New York, NY 11432 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.2 Acres |
Financials
Description
Turnkey 12-unit investment opportunity in Queens! Built approximately four years ago, 164-11 Highland Avenue generates over $30,000 per month in gross income, with strong rent collections, minimal operating expenses and exceptionally low property taxes. Producing an approximate $300,000 NOI and offered at approximately a 7% cap rate, this modern, stabilized multifamily asset delivers immediate cash flow with low-maintenance ownership.
Amenities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1 718-707-0200 Fax: +1 718-707-0233 | |
| Listing Courtesy of Real Broker NY LLC | |
