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Queens NY, 11372 $4,498,000

Multi Family Commercial 40 Beds , 20 Full Bath , 15500 SqFt 

Details ML#: 3443931  

  • # of Families: 20
  • Sale or Rent:Sale
  • Year Built: 1928
  • Taxes: $87,000
  • Status:Active

Description

The subject property consists of 20, 2-bedrooms, stabilized apartments that sits on a 55 x 100 lot. The building has been meticulously cared for by the owner and has had many upgrades including new Boiler and burner in December of 2020. It is located one block away from the # 7 train for a quick 25 min ride into Manhattan. Some of the neighboring retailers include, Rite Aid Pharmacy, Chase Bank, IHOP, City MD and many others. This property presents investors with the opportunity to acquire a low vacancy rate, stable cash flowing Real Estate investment. It can also be a great 1031 exchange opportunity. Additional information available upon request.

More Property Details

Room Information

Bedroom: 40   Full Bath: 20  

Property Features

Lot Sq Ft: 5500   Approx. Int. Sq. Ft.: 15500.00   Parking Spaces: Yes   Parking Facilities: On Street  

Appliances & Utilities

Heat: Natural Gas, Oil, Steam   A/C: None   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $87,000  

Local Area Information

School District#: 30   School District: Community District 30   Block: 1468   Lot: 33  

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