67 Place, Glendale, NY 11385
$1,300,000
Active for Sale
Listing ID |
11364181 |
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Property Type |
Multi-Unit (5+) |
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County |
Queens |
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Township |
Queens |
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Neighborhood |
Glendale |
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Total Tax |
$15,807 |
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FEMA Flood Map |
fema.gov/portal |
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Year Built |
1931 |
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Prime Investment Opportunity: Renovated 6-Family Brick Building
Welcome to a lucrative investment opportunity in the heart of Glendale! This meticulously maintained brick 6-family building offers a stable and profitable venture in the bustling real estate market. Property Features: Six 2-Bedroom Railroad Style Apartments: Each unit offers spacious living areas, providing tenants with comfort and convenience. Full Basement with New Boiler: The property boasts a fully equipped basement with a new boiler, ensuring efficient heating throughout the building. Updated Roof and Hot Water Tank: With a rubber roof only 5 years old and a new hot water tank, maintenance concerns are minimized, providing peace of mind for investors. Prime Location: Situated in Glendale, this property is conveniently located close to transportation hubs, shops, and major highways, offering tenants easy access to all necessities and amenities. Investment Potential: With rent-stabilized units and significant upside potential, this property presents a rare opportunity for investors. Whether you're looking to expand your portfolio or start your real estate journey, this property offers a solid foundation for long-term financial success. Don't miss out on this exceptional investment opportunity in Glendale! Take advantage of the thriving rental market and secure your financial future today. Contact us now to schedule a viewing and explore the potential of this prime investment property!
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- 6 Full Baths
- 5376 SF
- 2660 SF Lot
- Built in 1931
- Renovated 2015
- 3 Stories
- Available 11/14/2024
- Full Basement
- 1792 Lower Level SF
- Lower Level: Partly Finished
- Hardwood Flooring
- Hot Water
- Gas Fuel
- Natural Gas Avail
- 110 Amps
- Masonry - Brick Construction
- Brick Siding
- Municipal Water
- Municipal Sewer
- Street View
- Near Bus
- Near Train
- Gross Income $93,696
- Net Income $63,000
- Operating Exp $30,693
- Insurance Exp $5,300
- Heat Exp $5,400
- Electric Exp $617
- Water Exp $4,400
- Misc Exp $14,976
- Paid by Landlord: Gas, Water, Insurance
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ONE STOP MULTISERVICE INC
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Listing data is deemed reliable but is NOT guaranteed accurate.
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