Billion Homes Realty Corp
Listed by Billion Homes Realty Corp
$1,998,000
9926 41st Avenue
Details
APN 01616-0016
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 9
NOI $1,400,000
Year Built 1931
Acreage 0.060
Zoning R6B
Multifamily | 9 Units
Marketing description
Excellent investment opportunity! Solid brick 9-family building with a cap rate of over 7% and stable rental income. Most units have been recently renovated, and the property features all-new electrical wiring. Ideally located just a 3-minute walk from the #7 subway station, providing convenient access to transportation and local amenities. All units are currently occupied on a month-to-month basis, offering flexibility for future owners. Building size: 20' x 80'.
Listing Contacts
Billion Homes Realty Corp
Listed by Billion Homes Realty Corp
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,400,000.00
$116,666.67/mo
Valuation Metrics
0
DSCR
70.07%
Cap Rate
70.07%
ROI
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Tax History
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