Listed by Century 21 Sunny Gardens Realty Inc
$1,798,000
47-15 47th Street
Details
APN 02285-0019
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
NOI $106,000
Year Built 1923
Acreage 2565.000
Zoning R5
Multifamily | 6 Units
Marketing description
SUNNYSIDE / WOODSIDE BRICK 6 FAMILY | 5 X 2 BR + 1 X 1 BR | 2 Vacant Units delivered on title .
Asking $ 1,798,000 | $ 146 K Gross Income | $ 106K NOI .- Cap Rate : $ 106,190 / $ 1,798,000 = 5.91 Cap rate . | Self Managed Bldg.
Total Expenses: $ 39.8 K .- RE Taxes $ $ 23K ; Gas Heat $ 5.4 K ; Insurance $ 4,5 K ; W/S $ 3.2 K ; Maintenance $ 2.8 K ; Electricity $ 900 .
Great Location : Heart of Sunnyside / Woodside 0.4 to 46th St .-Bliss St 7 train . Surrounded by retail on Queens Blvd, & Greenpoint Avenue ,-
Direct 7 train access to Hudson Yards , Grand Central , LIC . / RENTS = UPSIDE = NEIOGHBORHOOD=HOT . Low Vacancy Sunnyside is the next Astoria
This is the kind of asset you hold for 20 years ...... PRICED TO SELL !
* 2 vacant apartments : Box Style 2 BR delivered vacant on title . * Gas heat : New Gas Boiler + 2 Hot water tanks * Roof Excellent condition / 1 year old .
* Excellent Area Overview : Walk score = 76 ; Transit score = 86 ; Bike score = 82
Confidentiality required for financials & access .
Listing Contacts
Listed by Century 21 Sunny Gardens Realty Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,000.00
$8,833.33/mo
Valuation Metrics
0
DSCR
5.9%
Cap Rate
5.9%
ROI
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