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6-Family Building In Prime Sunnyside Location! Minutes Away From The 7 Train!

Description

Great Opportunity Investment In Prime Sunnyside Location! The Property Is Located Half A Block From The 40th Street/7 Train Station!

Beautiful and well maintained 6-Family in the heart of Sunnyside.
The property features Six Large 1-Bedroom Apartments.

There is a new boiler, new water tank and the roof has been rubber coated 3 years ago. 

Security system installed throughout the building.

INCOME
APT 1F - $1,295.00
APT 1R - $1,123.00
APT 2F - $   586.00
APT 2R - $1,036.00 
APT 3R - $1,453.00
APT 3F - $1,438.00

Tax Reimbursement For SCRIE Tenant $317.44/Month
GROSS RENTAL INCOME/MONTH   $ 7,248.44
GROSS RENTAL INCOME/YEAR      $86,981.28

EXPENSES
TAXES                     $23,920.00
OIL/HEAT                $ 7,271.23
CONED/PLP             $ 2,431.55
WATER & SEWER      $ 5,260.00
INSURANCE .           $ 2,950.00
Repairs                   $ 1,000.00
TOTAL EXPENSES    $42,832.78

NET OPERATING INCOME $42,832.78

Features

Units 6
Bedrooms 6
Bathrooms 7
Year Built 1926
Parking Spaces 0
Square Footage 3684
Lot Size 2,000
Floors in Bldg 3
School District 24
Broker Papp Realty
Agent Name Romero Papp
Separate Meters Yes

Pricing

Price $1,479,000.00

Building Amenities

  • Central Heat
  • Storage Area
  • Security system

Interior Amenities

  • Stove/Oven

Exterior Amenities

  • Back Yard
  • Sprinklers
  • Fenced

45-32 40th Street
Sunnyside NY 11104


Romero Papp
Papp Realty
44-02 30 Avenue
Astoria NY 11103
7183167199

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