8 Beds
4 Bathrooms
-- Building Sqft
2,136 Lot Sqft
$1,500,000
99-02 212th Street, Queens Village, New York, 11429
About 99-02 212th Street
Queens Village MINT corner 4 family semi attached house fully rented with great paying tenants. Renovated within the last 5 years from top to bottom. – One 3 Bedroom Apt, Two – 2 Bedroom Apt, and one – Two – 1 Bedroom Apts. (Total 5 units) Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great income opportunity Yearly rent roll $141,540.00 Expenses only $26,485 yr NOI $115,055.00 yr with upside & add on value – 7.67% Cap Rate! New gas line, electric, gas boiler, gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters. All of the apartments have been updated, roof has been updated last year, all brand-new windows throughout the building, stucco was done on the side of the building two years ago, selling occupied with paying tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping, plus transportation! Top floor front 2 bedroom vacant! Newly renovated! Monthly income: $11,795- Annual $141,540 Expenses total: $26,485 Year= selling @ $1.5m Cap Rate 7.67%
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99-02 212th Street
Queens Village, New York, 11429
$1,500,000
8 Beds
4 Bathrooms
0 Building Sqft
2,136 Lot Sqft