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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

Active Multi-Family

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%

Features of 99-02 212th Street

MLS® #
505881
Bedrooms
8
Bathrooms
4
Acres
0.05
Type
Residential
Price
$1,500,000
Sub-Type
Multi-Family

Community Information

Address
99-02 212th Street
City
Queens village
County
Queens
State
New York
Zip Code
11429

Listing Information

Agent Name
Michael M. Levy
Agent Office
Brooklyn Real Property, Inc

Listing Map

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At a Glance

99-02 212th Street

Queens Village, New York, 11429

$1,500,000

8 Beds

4 Bathrooms

0 Building Sqft

2,136 Lot Sqft

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