Middle Village Real Estate

70-10 Eliot Avenue, Middle Village, NY 11379

[Middle Village Real Estate, listing number 2390350]



Description: 2390350
   Legal 7 Family, 6 gas meters, 8 electric meters. 1 -3 bedroom duplex ,3 -1 bedroom apts, 3 Studio apts. New roof 2018, hot water heater 2 years old. Great opportunity for 1031 tax exchange . 2 car attached garage with private driveway. Close to park. Five out of the seven apartments are free market. Only two apartments are stabilized. Rents are as follows.1- bedroom unit first floor Rt. $1,223 rent stabilized , ,Studio with yard first floor left $1,700Studio, unit 2 right studio $1,400 , second floor left 1 bedroom, ,$1,950, 3rd floor rt. 1-bed with balcony .$1,900, 3rd floor. Left $1,121.24 rent stabilized, .12,Duplex $3,000, Garages $800. Ins. $5,518, Taxes $46,829, Heating approx $3,300, water approx $900 per quarter. Total Gross yearly income $160,458.72Legal 7 Family, 6 gas meters, 8 electric meters. 1 -3 bedroom duplex ,3 -1 bedroom apts, 3 Studio apts. New roof 2018, hot water heater 2 years old. Great opportunity for 1031 tax exchange . 2 car attached garage with private driveway. Close to park. Five out of the seven apartments are free market. Only two apartments are stabilized. Rents are as follows.1- bedroom unit first floor Rt. $1,223 rent stabilized , ,Studio with yard first floor left $1,700Studio, unit 2 right studio $1,400 , second floor left 1 bedroom, ,$1,950, 3rd floor rt. 1-bed with balcony .$1,900, 3rd floor. Left $1,121.24 rent stabilized, .12,Duplex $3,000, Garages $800. Ins. $5,518, Taxes $46,829, Heating approx $3,300, water approx $900 per quarter. Total Gross yearly income $160,458.72

Details:
   Families: 7
   Bedrooms: 9
   Bathrooms: 8
   Property Type: Other
   Rooms: 14
   Lot Size: 35.67x100
   Acres: 0.08
   Built: 1978
   School District: Queens 24

Financials:
   Price: $1,799,000
   Taxes: $46,829

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