$3,000,000
7614 113th Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,000
Units 12
Buildings 2
Multifamily | 12 Units
Investment highlights
- 2 Six-Family Residential Buildings
- 10,000 SF buildable
- DOB-approved, shovel-ready development site
- Approved plans for two (2) six-family residential buildings
- 12 total residential units configured for rental or condominium
- One block off Queens Boulevard
- In prime Forest Hills location
- Pro Forma Snapshot: 2 One-Bedroom Units @ $2,500/month + 4 Two-Bedroom Duplex Units @ $3,300 month = $36,900 Monthly / $436,800 Annual Gross Rent
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