This commercial multifamily enables an investor who can see long term to have a Secure place to allocate their funds, providing a safe investment option for stable asset allocation AND:
1) A Dependable store of value
2) Low-risk financial haven
3) Conservative investment choice
4) Safe harbor for capital
5) Prudent cash reserve strategy
6) Lastly to Secure wealth storage
Prime investment opportunity!
12% year-over-year appreciation increase in Queens.
Legal 7-Unit Commercial Multi-Family apartment building.
7 Apartments in total (2 bedrooms, 1 bathroom each)
7 to 8 parking spots on the Parking lot
Possibility of parking lot solar farm for electric cars
New Construction - 2020 built
50' x 19' lot square footage
7,226 Building Sq Ft
Unobstructed on all sides
Flat roof with Space for Solar Panels and digital billboards (rented or owned)
Space for Mobile Provider Antennas
Not Rent Stabilized
Tenants pay for utilities
All units have been renovated with many new upgrades. Equipped with a new Sprinkler System, Digital Fire-Alarm System, Energy Efficient appliances and fixtures, security system, intercom system, separate utility meters for each unit, central air system, all units equipped with stainless steel appliances,
All 7 apartments are 100% fully occupied with no vacancy with space to increase rent.
14 bedrooms, 7 bathrooms, 7 Kitchens total, with Fully-Finished Basement.
This multifamily property is situated on prime ideal golden corner property.
Conveniently situated near JFK Airport, Jamaica Hospital Medical Center, Green Acres Mall, public transportation, supermarkets, restaurants, schools, banks, parks, & more.
Good Opportunity for High Rental Income,
Low Property Tax of $39,000 per year.
Don't miss this opportunity to own or invest!
Grab It Before It's Gone!!
7,226 Sq Ft
4,750 Sq Ft Exterior Space
Commercial
$34,205 Annual Tax
Built in 2020
MLS/Listing ID 843910
7 Units
Heating - Natural Gas
Heating - Hot Water
Heating - Electric
Heating - ENERGY STAR Qualified Equipment
Stainless Steel Appliance(s)
ENERGY STAR Qualified Appliances
Cooling - Central Air
Cooling - ENERGY STAR-qualified Equipment
Construction - Block
Parking - Parking Lot
Construction - Brick
Gas Range
Refrigerator
Lot - Corner Lot
Listing Courtesy of KELLER WILLIAMS REALTY LIBERTY, MALCOLM UDOGWU JR - 347-724-3998
Source of Data: ONEKEY MLS
TOTAL MONTHLY COST
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