Listed by Premiere Property Group, LLC
$750,000
Springfield Gardens/Rochdale
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,700
Units 2
Cap Rate 2.94%
NOI $22,057
Price per SqFt $278
Year Built 1950
Stories 2
Zoning R3-2
Multifamily | 2.94% CAP | 2 Units
Marketing description
Premiere Real Estate Group Inc. represents an exclusive opportunity to acquire a two-family home located at 140-27 183rd Street in the Springfield Gardens/Rochdale neighborhood of Queens. The two-story property is comprised of two 2-bedroom units totaling 2,700 square-feet including a full basement and backyard. Both units are rent stabilized. The neighborhood is easily commutable via the Belt Parkway and Long Island Railroad. Residents also benefit from the immediate access of multiple shopping centers which include supermarkets, banks, gyms and restaurants. Additionally, the property is located close to JFK Airport.
Listing Contacts
Listed by Premiere Property Group, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$22,057.32
$1,838.11/mo
Valuation Metrics
0
DSCR
2.94%
Cap Rate
2.94%
ROI
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