MLS Listing Details - Ideal Properties Realty

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With over twelve years of real estate experience, we pride ourselves in delivering results while building relationships that last a lifetime. Ideal Properties Realtyis a full service real estate firm that tailors its services to the satisfaction of our clients. Our ability to guide home buyers, design strategic marketing campaigns, and understand the intrinsic elements of the sales process, makes us the premiere real estate firm in Brooklyn. Our experts are trained to resourcefully assist clients in areas such as selling residential homes, condominiums, and investment properties, as well as handle rentals and leasing.Owning Real Estate is a symbol of responsibility, a source of security, and a part of the American Dream. Our professional work continuously to ensure that process is smooth, sustainable, and easy to understand.To help sellers navigate the real estate process, we begin with an educational course that helps our clients understand the market and how to price their property, and close the deal. Whether you are buying or selling, Ideal Properties Realty will guide you step by step.

Home » MLS Listing Details

99-02 212th Street, Queens, New York, New York 11429

$1,500,000

Property Details

Beds: 8 Baths: 4 Rooms: 20 Neighborhood: Queens Village Tax Amount: $15360.00 MLS Number: 501122 Bldg Size: 20 x 72 Lot Size: 21 x 106 Lot SqFt: 2136

Property Description

Queens Village MINT Corner 4 Family semi attached House Fully Rented with great Paying Tenants. Renovated Within the Last 5 Years from Top to Bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apts, and one - Two - 1 Bedroom Apts. (Total 5 units) Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 141,540.00 Expenses only $ 26,485 yr NOI $ 115,055.00 yr with upside & add on value - 7.67% Cap rate! New gas line, Electric, Gas boiler gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters All of the apartments have been updated roof have been updated last year all brand-new windows throughout the building stucco was done on the side of the building two years ago Selling Occupied with Paying Tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping plus transportation! Top floor front 2 bedroom vacant! Newly renovated! Monthly income: $11,795- Annual $141,540 Expenses Total: $26,485 Year= Selling @ $1.5 M Cap rate 7.67%

Property Type Residential

Property Status: Active

Property Features Refrigerator Stove Other