UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1039373
Rental Info No
Year Built 1931
Annual Tax Amount $42,050
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Multi Family
Source onekey2
Property Description
The building is fully occupied with five identical two-bedroom, one-bath apartments – one on the first floor and two each on the second and third – producing $9,211/month ($110,532/year) in gross rent . Six separate electric meters keep tenants responsible for their own electric; landlord covers water and gas. Insurance approx. $4,500, water $5,000, gas $6,000, repairs/maintenance $6,000; 2027 real estate taxes $42,050 per NYC DOF. Sold with great quality tenants in place consistently paying on time.
The location speaks for itself: a short walk to the 7 train at 103 St–Corona Plaza, the Roosevelt Avenue and National Street retail corridors, and Flushing Meadows–Corona Park, with quick access to the Grand Central Parkway, LIE and LaGuardia!
Location
State NY
County Queens
Interior
Heating Natural Gas
Cooling Electric
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ace Academy For Scholars
Middle Schools Civic Leadership Academy
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.