$1,385,000
$1,500,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
5 Baths
3,600 SqFt
SOLD DATE : 11/08/2021
Key Details
Sold Price $1,385,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $384
MLS Listing ID 437383
Sold Date 11/08/21
Style High Ranch
Bedrooms 11
Full Baths 5
Year Built 1931
Annual Tax Amount $21,000
Property Sub-Type Multi-Family
Property Description
Prime Ozone Park Queens EXCLUSIVE Totally Newly renovated legal 5 family FOR SALE Free market rental income producer with current 6% CAP rate fully occupied! Semi attached featuring new full finished basement with insulated wall & concrete water proofed & new gas boiler & gas hot water with fireproof walls & new updated electric circuit breaker wiring! 1st floor huge 4 bedrooms with large Living room & new modern EIK plus 2 bath paying $ $2,650 a month! 2nd floor Front 2 bedrooms with LR, EIK paying $ 1,800 a month 2nd Floor Rear 2 bedroom with LR & EIK paying $ 1,900 a month! 3rd floor front 1 bed + huge LR, EIK paying $ 1,650.00 a month plus 1 car parking addt. $ 125.00 a month 3rd floor rear large 2 bed , LR, & EIK paying $ 2,000.00 a month;plus 2 other parking spot $ 220.00 (for 2 cars month) total yearly income $ 121,140.00 on a 24 x 100 lot building size $ 24 x 50 on R4-1 zone! Private enclosed backyard with 4 car parking! Shown by appointment only 48 hours prior to - All unit has NO lease month to month occupancy tenant occupied! School district 27 walk 0.319 to train station & all buses , shopping & restaurant!
Location
State NY
County Queens
Area Ozone Park
Zoning R4-1
Rooms
Basement Finished, Full, Separate Entrance, Walk-in
Interior
Hot Water Gas, Hot Water Coil in Boiler
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Stucco
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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