UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1035307
Rental Info No
Year Built 1931
Annual Tax Amount $45,096
Property Sub-Type Other
Source onekey2
Property Description
Income:
Laundromat: $84,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/1/36. (1) 10 Year Option.
Pharmacy: $48,000 Ann.; 4% Ann. Inc.; Lease Exp.: 8/1/28. (1) 5 Year Option.
Recording Studio: $37,800 Ann.; 3% Ann. Inc.; Lease Exp.: 9/1/28.
Tax Rebate: $2,250 Ann.
Gross Income: $172,050 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Water & Sewer: $0 Ann.
Insurance: $4,382 Ann.
Taxes: $45,096 Ann.
Total Expense: $49,478 Ann.
Net Operating Income (NOI): $122,572 Ann.
Location
State NY
County Queens
Interior
Heating Heat Recovery System, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Available
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Block,Frame
Schools
High Schools Queens24
School District Queens24
Others
Special Listing Condition None
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.