Flushing real estate for sale in Flushing

5-43 47th Rd, Long Island City, NY 11101

[Long Island City Real Estate, listing number 3028622]



Description: 3028622
   6 Family Brick Building With Plenty Of Upside Potential In Prime Lic/Hunters Point Location. Rent Stabilized Building. Each Apt Has 2 Br Railroad Style. All Tenants Have Leases Until 5/31/20. Total Income $92,000 Taxes $10,000 Insurance $4,000 Water $7,000 Elect $1,000 Fuel (Oil) $8,000 Total Expenses $30,000 Noi $62,000 Cap Rate 3.4%. The Building Is Close To Great Restaurants, Parks, And Ps1 Moma, 7 Train And Ferry Service Are A Few Blocks Away In Waterfront Gantry State Park.

Details:
   Property Type: Apt House
   Lot Size: 25X100
   Acres: 0.06
   Built: 1931
   School District: Number 30

Financials:
   Price: $1,800,000
   Taxes: $10,380