404 Main Street,
Port Washington, NY 11050 USA
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New York NY, 10472 $1,300,000

Multi Family Commercial , 4320 SqFt 

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Details ML#: H6327685  

  • # of Families: 6
  • Sale or Rent:Sale
  • Year Built: 1928
  • Taxes: $15,296
  • Status:Active

Description

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.

More Property Details

Property Features

Lot Size: 0.0591   Lot Sq Ft: 2574   Approx. Int. Sq. Ft.: 4320.00   Parking Facilities: None  

Appliances & Utilities

Heat: Natural Gas, Radiant   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $15,296  

Local Area Information

School District#: 999   School District: Bronx  

Listing Information provided courtesy of Keller Williams Realty NYC Grp  718-697-6800
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