90-02 97th Avenue, Ozone Park, NY, 11416 New York City NY US

For Sale : USD 1500000

MLS #: 462413

Details

Bed Rooms
11
Bath Rooms
5
Neighborhood
Ozone Park
Property Type
Residential

Description

Prime Ozone Park Queens EXCLUSIVE Totally Newly renovated legal 5 family FOR SALE Free market rental income producer with current 7% CAP rate fully occupied! Semi attached featuring new full finished basement with insulated wall & concrete water proofed & new gas boiler & gas hot water with fireproof walls & new updated electric circuit breaker wiring! 1st floor huge 3 bedrooms with large Living room & new modern EIK plus 2 bath paying $ $2,650 a month! 2nd floor Front 2 bedrooms with LR, EIK paying $ 1,800 a month 2nd Floor Rear 2 bedroom with LR & EIK paying $ 1,900 a month! 3rd floor front 1 bed + huge LR, EIK paying $ 1,650.00 a month plus 1 car parking additional. $ 125.00 a month 3rd floor rear large 2 bed , LR, & EIK paying $ 2,000.00 a month; plus 2 other parking spot $ 220.00 (for 2 cars month) plus additional $ 850.00 a month total yearly income $ 130,668.00 - current existing 7% CAP rate ! ONLY 3 apartment has leases (2R & 2F & 3R) ALL market tenant & 1 HASA (All Move IN condition)!! ! 24 x 100 lot building size $ 24 x 50 on R4-1 zone! Private enclosed backyard with 4 car parking! Shown by appointment only 48 hours prior to BRP Exclusive- School district 27 walk 0.319 to train station & all buses , shopping & restaurant! Owner very motivated! Just move in or collect rent!! ALL TENANT LEASES EXPIRED- GREAT UPSIDE POTENTIAL ALL MARKET RENT- NOT STABILIZED! GREAT UPSIDE POTENTIAL Huge PRICE break!!! NO LEASES - ALL UNIT LEASES EXPIRES - MONTH TO MONTH TENANCY! ALL FREE MARKET APARTMENT! NO RESTRICTIONS! GREAT UPSIDE POTENTIAL! OWNER LOW INTEREST RATE IS ASSUMABLE SAVE ON CLOSING & LOW RATE!! Find out more about this property. Request details here

Location

Address
AVENUE, 10214 Atlantic Ave, New York, New York 11416, United States
City
New York

Map

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