6 Family Brick Construction, 6 Apartments Rent Stabilized. Each apartment consists of Eik, Livrm, 3 Bedrms and one Bathrm. Windows in each room. Gross Yearly income is $107,731.08. Net Opereting Income is $75.961.85 and Expenses $31,769.23. Clean building, good for investors. Rubber roof was renovated in January 2024, Gas pipes are replaced in April 2024 and a new Water Heater installed in February 2025. Fully Occuied. Leases: 1L $1,370.28 1/1/26, 1R $1,746.12/12/31/26, 2L $1,250 12/1/26, 2R $1,293.69 11/1/27, 3L $1,750 1/1/27, 3R $1,567.38 7/31/27. Cap Rate 6.91%. Building size: 27.42x68. Lot size: 27.42x100. Close to M train and shops, restaurants and park.
Details:
Families:
6
Property Type:
House
Lot Size:
27.42x100
Acres:
0.07
Built:
1930
School District:
Queens
Financials:
Price:
$1,100,000
Taxes:
$16,769
Keller Williams Landmark II Jolanta Piela Office: 347-846-1200
