4102 69th St - Apartments FOR SALE


Flushing, NY 11377
$3,488,000 USD
718-205-7770
4102 69th St, Flushing, NY for Sale
$3,488,000 USD
Apartments - FOR SALE
1/23
null | 6.47% Cap Rate

4102 69th St
Flushing, NY 11377


HIGHLIGHTS

  • Prime Investment Opportunity in Woodside
  • Annual revenue of $372,151.20 with a cap rate of 6.47%
  • 17 one-bedrooms and 2 two-bedrooms with four recently renovated units enhancing appeal and value.

OVERVIEW

Discover an exceptional investment opportunity with this 19-unit building located in the highly desirable neighborhood of Woodside, Queens. This property offers a fantastic blend of prime location, solid income, and recent upgrades, making it an attractive addition to any investor's portfolio. It features 17 one-bedroom apartments and 2 two-bedroom apartments with four recently renovated units enhancing the appeal and rental value of the property. The property generates a substantial annual income of $372,151.20 with a cap rate of 6.47%. It is located just one block from the 7 subway train and the Q47 bus lines near shopping and dining hubs on Roosevelt and Woodside Ave. Legally Registered Rents: $454,053.72 Preferential Total Income: $372,151.20 Total Expenses: $146,459.96 Total Net Income: $225,691.24 Cap Rate: 6.47% YEARLY EXPENSES: Insurance: $23,000 Taxes: $80,009 Gas & Electric: $9,747.59 Water & Sewer: $9,703.37 Super: $24,000

FOR SALE DETAILS

PRICE

$3,488,000 USD

PRICE/SF

$287 USD /SF

# OF UNITS

19

PRICE/UNIT

$183,579

CAP RATE

6.47%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,402 SF

ZONING

R5D

APN/PARCEL ID

01308-0031

ASK ABOUT THIS PROPERTY

Nora AvalosNY Superior RealtyMore Info
718-205-7770

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Nora AvalosNY Superior RealtyMore Info
718-205-7770

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