Apartment Buildings /NY /Queens County /Woodhaven /9147 88th Rd
Apartment Buildings /NY /Queens County /Woodhaven /9147 88th Rd

9147 88th Rd - Apartments FOR SALE


Woodhaven, NY 11421 | 
$5,250,000 USD
646-502-3482
9147 88th Rd, Woodhaven, NY for Sale
$5,250,000 USD
Apartments - FOR SALE
1/1
null | 7.63% Cap Rate
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9147 88th Rd
Woodhaven, NY 11421

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HIGHLIGHTS

  • 4-Story, 25,760 Walk-Up Apartment Building, 37 Rent Stabilized Units
  • 97% Occupied & Cash Flowing – Ideal 1031 Exchange Opportunity
  • $96,083 (14%) Difference between Annual Legal Rents and Preferential Rents
  • Only 2 Blocks to the [J] & [Z] Trains at Woodhaven Boulevard
  • In Proximity to Forest Park

OVERVIEW

7.63% IN-PLACE CAP RATE | $204 PER SF

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

38

PRICE/UNIT

$138,158

CAP RATE

7.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

91-47 88th Road

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,310 SF

ZONING

R3-1

APN/PARCEL ID

08930-0098

ASK ABOUT THIS PROPERTY

Abby ToddMeridian Capital Group, LLCMore Info
646-502-3482

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Abby ToddMeridian Capital Group, LLCMore Info
646-502-3482

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

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