3615 Greenpoint Ave - Apartments FOR SALE


Long Island City, NY 11101
$1,900,000 USD
718-229-2922
3615 Greenpoint Ave, Long Island City, NY for Sale
$1,900,000 USD
Apartments - FOR SALE
1/6
null | 6.95% Cap Rate

3615 Greenpoint Ave
Long Island City, NY 11101


HIGHLIGHTS

  • Walking blocks from bus line.
  • Heavy foot traffic.

OVERVIEW

4 unit mixed use commercial building with private backyard. 1st floor is retail, currently used as restaurant, and duplex 2 bedroom, 2 full bath with finished basement and private backyard. The 2nd floor is 2 bedroom and 1 bath plus 3 bedrooms and 2 full bathroom, open kitchen with dining area, living room. Each unit has its own boiler and electric meter. Next to all. Great for self use and investor. Currently generate around $135k annual income, huge potential with increase in rent.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$1,300 USD /SF

# OF UNITS

4

PRICE/UNIT

$475,000

CAP RATE

6.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,366 SF

ZONING

R5

APN/PARCEL ID

00236-0001

ASK ABOUT THIS PROPERTY

Mitch SlavuterPrime RealtyMore Info
718-229-2922

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Mitch SlavuterPrime RealtyMore Info
718-229-2922

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