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Back 96 43rd Avenue
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96 43rd Avenue

New York NY 11368

20
9
1
0.05 ac.
Multi-Family
Currently for sale - view listing

Overview

Excellent Investment Asset. Corner Building. The Subject Property is a 4 Stories Corner Building, Including 2 Commercial Stores and 7 Residential Apartments, Including Five (3) Bedroom Apartments and One (4) Bedroom Apartment and One (1) Bedroom Apartment. Large Building Size 25 x 76 and 6,850 Interior Sqft.. The Commercial Stores Includes One Restaurant That Has Been There ForThe Past 25 Years And One Retail Store That Has Been There For The Last 3 Years and Has 2 More Years Left On The Lease. The Basement Is Rented To a Music Studio. The Building Is Well Maintained, The Boiler is 4 Years Old and Roof Is 7 Years Old. Prime Location, Located on The Corner Of Junction Blvd And 43 Ave. Close To Many Highways and Public Transportation, Subway #7 Line On The Corner Of Junction Blvd and Roosevelt Ave., Close to Gas Station and Many Retail Stores. Total Gross income $277,800 and Total Net income 236,311. Cap Rate 6%

Features

20 bedrooms
9 bathrooms
1 carspace
0.05 ac. lot size
Multi-Family

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