Amorelli Realty
Listed by Amorelli Realty
$6,785,000
65-27 Roosevelt Ave
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 12
NOI $438,922
Year Built 2023
Acreage 2633.600
Multifamily | 12 Units
Marketing description
New Development - 12 Units - Elevator Building
32 years remaining on the tax abatement
440k Net Income - 510k Gross Income
9 Apartments + 3 Retail Medical Tenants
Strong Retail Medical Tenants - Retail was built to suite for Medical tenants.
Tenants pay their own heat, maintenance closets with Hot Water Heaters on each floor.
Please reach out for an Offering Memorandum.
Listing Contacts
Amorelli Realty
Listed by Amorelli Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$438,922.00
$36,576.83/mo
Valuation Metrics
0
DSCR
6.47%
Cap Rate
6.47%
ROI
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