Excellent Income producer. Situated only 200 feet west of Cross Bay Blvd/Liberty Ave subway station. Gross Income Nearly $117,516 (when fully occupied at market rents). Expenses: $22,277 (Low Taxes $7,427). 1st floor Store 500 (Sq.Ft) $1,800 Behind the store there is 3 BR apartment with use of backyard $2,800. Second floor: A 2 Bedroom apartment ($2,693) and a 1 BR apartment with Balcony ($2,500). Updated Electric and Updated boiler and water tank. 8 Cap return. Tremendous investment.
Details:
Families:
3
Bedrooms:
7
Bathrooms:
4
Property Type:
Other
Rooms:
14
Lot Size:
20x104
Acres:
0.05
Built:
1931
School District:
Queens 27
Financials:
Price:
$1,095,000
Taxes:
$7,427
RE/MAX Team Victor Weinberger Office: 718-429-4400
