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$ 2,680,000
Est. payment | /mo
16 Beds
9 Baths
$ 2,680,000
Est. payment | /mo
16 Beds
9 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1050891
Bedrooms 16
Full Baths 9
Rental Info No
Year Built 2006
Annual Tax Amount $1,120
Property Sub-Type Triplex
Source onekey2
Property Description
Located approximately five minutes from the subway, this legal eight-family property offers strong rental income and excellent long-term investment potential.
Property Highlights: Legal 8-family building, Solid brick construction, built in 2006
Four stories Approximately 6,424 sq. ft. of building area Approximately 22 × 73 ft. building dimensions
Approximately 25 ft. lot frontage Each apartment features approximately 2 bedrooms and 1 bathroom
Approximately 16 bedrooms and 9 bathrooms in total Full finished basement Backyard parking for approximately four vehicles Approximately six years remaining on the property-tax abatement
Current total rental income: approximately $235,000 per year
• Tenants pay all utilities and expenses
• Easy-to-maintain all-brick construction
• Approximately five minutes from the subway
An excellent opportunity for long-term rental income, portfolio expansion, or a 1031 Exchange.
Property Highlights: Legal 8-family building, Solid brick construction, built in 2006
Four stories Approximately 6,424 sq. ft. of building area Approximately 22 × 73 ft. building dimensions
Approximately 25 ft. lot frontage Each apartment features approximately 2 bedrooms and 1 bathroom
Approximately 16 bedrooms and 9 bathrooms in total Full finished basement Backyard parking for approximately four vehicles Approximately six years remaining on the property-tax abatement
Current total rental income: approximately $235,000 per year
• Tenants pay all utilities and expenses
• Easy-to-maintain all-brick construction
• Approximately five minutes from the subway
An excellent opportunity for long-term rental income, portfolio expansion, or a 1031 Exchange.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Interior Features Original Details
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Natural Gas Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 143 Louis Armstrong
Middle Schools Corona Arts And Sciences Academy
High Schools Queens24
School District Queens24
Others
Senior Community Yes
Special Listing Condition None
Listed by EXP Realty • Li H. Xu
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477 Madison Ave 6th Floor, New York, NY
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