Macaluso Realty
Macaluso Realty
Listed by Macaluso Realty
$1,999,000
677 GLENMORE Avenue
Details
APN 03984-0032
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
NOI $133,794
Year Built 1935
Buildings 1
Acreage 0.060
Multifamily | 6 Units
Marketing description
ALL OF THE APARTMENTS ARE EXEMPT FROM DHCR REGULATIONS! FREE MARKET RENTS - NO RENT STABALIZATION!! EACH APARTMENT PAYS THEIR OWN UTILITIES, INCLUDING HEAT. THIS BUILDING WAS GUT RENOVATED IN 2007. FIVE - 3 BEDROOM AND ONE 2 BEDROOM APARTMENT. THIS IS A HEADACHE FREE BUILDING WITH GOOD TENANTS. COIN OPERATED LAUNDRY IN BUILDING. PLAYGROUND ACROSS THE STREET. GREAT CENTRAL EAST NEW YORK LOCATION. IDEAL INVESTMENT OR 1031 TAX EXCHANGE. RENTS: 2000, 2500, 2500, 2425, 2425 AND $2500 (MARKET). EXTERIOR BEAUTIFUL STUCCO IN GREAT CONDITION.
Listing Contacts
Macaluso Realty
Macaluso Realty
Listed by Macaluso Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$133,794.00
$11,149.50/mo
Valuation Metrics
0
DSCR
6.69%
Cap Rate
6.69%
ROI
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