99-02 212th Street
Queens Village
Ownership
Multi-Family
Lot Size
21'x106'
Status
Active
Real Estate Taxes
[Per Annum]
$ 15,360
Building Size
20'x72'
Property Description
Queens Village MINT corner 4 family semi attached house fully rented with great paying tenants. Renovated within the last 5 years from top to bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apt, and one - Two - 1 Bedroom Apts. (Total 5 units) Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great income opportunity Yearly rent roll $141,540.00 Expenses only $26,485 yr NOI $115,055.00 yr with upside & add on value - 7.67% Cap Rate! New gas line, electric, gas boiler, gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters. All of the apartments have been updated, roof has been updated last year, all brand-new windows throughout the building, stucco was done on the side of the building two years ago, selling occupied with paying tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping, plus transportation! Top floor front 2 bedroom vacant! Newly renovated! Monthly income: $11,795- Annual $141,540 Expenses total: $26,485 Year= selling @ $1.5m Cap Rate 7.67%
Queens Village MINT corner 4 family semi attached house fully rented with great paying tenants. Renovated within the last 5 years from top to bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apt, and one - Two - 1 Bedroom Apts. (Total 5 units) Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great income opportunity Yearly rent roll $141,540.00 Expenses only $26,485 yr NOI $115,055.00 yr with upside & add on value - 7.67% Cap Rate! New gas line, electric, gas boiler, gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters. All of the apartments have been updated, roof has been updated last year, all brand-new windows throughout the building, stucco was done on the side of the building two years ago, selling occupied with paying tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping, plus transportation! Top floor front 2 bedroom vacant! Newly renovated! Monthly income: $11,795- Annual $141,540 Expenses total: $26,485 Year= selling @ $1.5m Cap Rate 7.67%
Listing Courtesy of Brooklyn Real Property, Inc
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Apartment Features
Exposed Bricks
Hardwood Floors
Private Entrance
Walk-in Closet
Building Details [99-02 212th Street]
Ownership
Multi-Family
Block/Lot
1880/45
Building Size
20'x72'
Lot Size
21'x106'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Real Estate Broker/Owner
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 505881