Listed by BERKSHIRE HATHAWAY
$1,210,000
15-46 125th St or 127-17 18th Ave
Details
APN 04088-0001
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 4
Cap Rate 5.00%
NOI $56,000
Year Built 1930
Buildings 1
Acreage 0.042
Zoning R4A
Multifamily | 5.00% CAP | 4 Units
Marketing description
This 5,234-square-foot mixed-use building presents a compelling opportunity for both investors and owner-users in the heart of College Point.
The lower level and ground floor offer approximately 660 to 2,000 square feet of flexible office space, complete with both front and side entrances. An owner-user can immediately occupy the space for business operations or lease it for additional income potential.
The second and third floors consist of fully occupied multifamily apartment units, providing stable, in-place rental income.
With a balanced mix of commercial and residential components, this property offers immediate usability, steady cash flow, and long-term upside in a strong Queens market.
Listing Contacts
Listed by BERKSHIRE HATHAWAY
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,000.00
$4,666.67/mo
Valuation Metrics
0
DSCR
4.63%
Cap Rate
4.63%
ROI
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