99-02 212th St
Multifamily
Marketing description
Queens Village MINT Corner Legal 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 Apts, and one - 1 Bedroom Apts. 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! Gas boiler gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters All of the apartments have been updated roof have 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! Call 7182889601
Monthly income: $11,795- Annual $141,540 Expenses Total: $26,485 Year= Selling @ $1.5 M Cap rate 7.67%
Investment highlights
99-02 212 street income & expenses
Income
Apt #1F---- $1,737 1 Bd
Apt #1c-----$2,350 1Bd
Apt#1r------$2,584 2Bd
Apt#2f------$2,624 2Bd
Apt#2x------$2,500 3Bd
Monthly $11,795 Annual $141,540
Expenses
Tax___________$ 15,360
Water_________$ 3,255
Gas___________$ 5,932
Electric________$ 738
Maintenance______$ 1,200
Total: $26,485
asking price $1.5M Cap rate 7.67%
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