Residential Income in New York

$2,680,000

112-39 38ave, 11368, New York, NY

Residential Income for sale in New York, 112-39 38ave, 11368

112-39 38ave, 11368, New York, NY

$2,680,000

16Bed
9Bath
Type: Residential Income

Description

Located approximately five minutes from the subway, this legal eight-family property offers strong rental income and excellent long-term investment potential. Property Highlights: Legal 8-family building, Solid brick construction, built in 2006 Four stories Approximately 6, 424 sq. ft. of building area Approximately 22 by 215 &73 ft. building dimensions Approximately 25 ft. lot frontage Each apartment features approximately 2 bedrooms and 1 bathroom Approximately 16 bedrooms and 9 bathrooms in total Full finished basement Backyard parking for approximately four vehicles Approximately six years remaining on the property-tax abatement Current total rental income: approximately $235, 000 per year • Tenants pay all utilities and expenses • Easy-to-maintain all-brick construction • Approximately five minutes from the subway An excellent opportunity for long-term rental income, portfolio expansion, or a 1031 Exchange.

Agent Information

Location

112-39 38ave, 11368, New York, NY

Data

Object TypeResidential Income
Purchase Price$2,680,000
Living Space0 m²
Plot SizeN/A
Bathrooms9
Construction Year2006
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeNatural Gas
Primary Energy SourceN/A
Construction Year2006
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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