UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 953323
Rental Info No
Year Built 1917
Annual Tax Amount $37,676
Property Sub-Type Multi Family
Source onekey2
Property Description
Income:
Jeweler: $58,200 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28. Been Here 20+ Years So Far.
Hair Salon: $26,400 Ann.; Lease Exp.: 2/21/27.
Apt. 1R (1 Br.): $26,328 Ann.
Apt. 2R (1 Br.): $23,448 Ann.
Apt. 2F (1 Br.): $24,660 Ann.
Apt. 3R (1 Br.): $24,720 Ann.
Apt. 3F (1 Br.): $25,200 Ann.
Tax Rebate (Paid By The Store): $18,500 Ann.
Gross Income: $227,456 Ann.
Expenses:
Gas: $0 Ann.
Electric: $720 Ann.
Maintenance & Repairs: $250 Ann.
Water & Sewer: $2,000 Ann
Insurance: $3,423 Ann.
Taxes: $37,676.20 Ann.
Total Expenses: $44,069.20 Ann.
Net Operating Income (NOI): $183,386.80 Ann. (12.78% Cap!!!)
Location
State NY
County Queens
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features On Street
Utilities Available Natural Gas Available
Total Parking Spaces 6
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.