4 family Building at prime Astoria Location
MLS #:N/APresented By:
Sajmir Osmanaj, MBA Real Estate Broker and Founder HUDSON EXCLUSIVE
Property Details
Description:
Gut renovated 4 unit building located at the very best location and near all.
Total Groos Annual Income $173,000 with a potential of $192,000.
Brand new elecctric and plumbing, each unit has its own water heater and boiler and all bills are paid by tenants. Landlord ONLY pays the water bill.
Annual taxes $15000
Water Annual $2000
Insurance $2200
Net Annual Income $158,000 or potential net income of $173,000
CAP RATE approx 5%, great CAP rate for ASTORIA Market
OWNER IS A REAL ESTATE BROKER.
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Licensed Real Estate Broker10491207925