$3,180,000
36-05 Vernon Boulevard
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 8
NOI $205,306
Year Built 1931
Buildings 1
Acreage 3485.000
Multifamily | 8 Units
Marketing description
8-Family | Fully Rented | up to 7% Return.
A large brick 4-story townhouse in the heart of Long Island City, close to all. 6 units are free market, 2 units are RS. Excellent condition, all unit are 3 bedrooms and 2 baths. All units are fully leased with stable rental income and strong rental returns.
Annual income $251,534. NOI $205,306.
LOT DIMENSIONS: 35ft X100.08ft , BUILDING DIMENSIONS: 35ft X75ft.
Cash Flow Awaits!
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$205,306.00
$17,108.83/mo
Valuation Metrics
0
DSCR
6.46%
Cap Rate
6.46%
ROI
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