12 Linden Pl - Apartments FOR SALE


Port Jefferson, NY 11777
$2,100,000 USD
631-759-5277
12 Linden Pl, Port Jefferson, NY for Sale
$2,100,000 USD
Apartments - FOR SALE
1/12
null | 7.13% Cap Rate

12 Linden Pl
Port Jefferson, NY 11777


OVERVIEW

Once in a lifetime opportunity!!! Legal 9 family apartment building, fully occupied. One block from Main St and the multiple hundred million dollar upper Port Jeff revitalization project. Apartment buildings surround, many high-end luxury apartments. Building sits on one-way street, new town park at the end of the block. Short distance to train. Building has large parking lot. Fire escape and class three fire suppression system. First floor: (1) one bedroom unit, and (1) 3 bedroom unit. Second floor: (1) two bedroom unit, (1) one bedroom unit, and (2) studios. Third floor: (3) large one bedroom units. Five year young roof. Gross monthly rent after scheduled increases: $16,200/Annual $194,400. Property has unlimited upside.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$369 USD /SF

# OF UNITS

9

PRICE/UNIT

$233,333

CAP RATE

7.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

-

APN/PARCEL ID

0206-021-00-04-00-033-000

ASK ABOUT THIS PROPERTY

Bryan KarpAB Venture LLCMore Info
631-759-5277

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Bryan KarpAB Venture LLCMore Info
631-759-5277

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.