1053 115th St - Multi-Family FOR SALE


College Point, NY 11356
$1,399,000 USD
917-916-6776
1053 115th St, College Point, NY for Sale
$1,399,000 USD
Multi-Family - FOR SALE
1/7
null | Request Cap Rate

1053 115th St
College Point, NY 11356


HIGHLIGHTS

  • Lots of natural light.
  • Established residential community.

OVERVIEW

Well-Maintained Investment Opportunity – Strong Rent Roll & Low Expenses This well-maintained building offers a strong rent roll, low operating expenses, and significant upside potential. An extra unit in the basement adds to the income possibilities, while a private outdoor space can be utilized as a common area for tenants. With an asking price at a 6% cap rate, this is a prime opportunity for investors seeking stable cash flow and future growth. Don't miss out on this exceptional asset!

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$258 USD /SF

# OF UNITS

6

PRICE/UNIT

$233,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10-53 115th Street College Point

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,085 SF

ZONING

R6B

APN/PARCEL ID

04036-0025

ASK ABOUT THIS PROPERTY

Greg KyroglouModern SpacesMore Info
917-916-6776

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Greg KyroglouModern SpacesMore Info
917-916-6776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.