118-16 91st Ave - Apartments FOR SALE


Richmond Hill, NY 11418
$5,500,000 USD
516-508-8189
118-16 91st Ave, Richmond Hill, NY for Sale
$5,500,000 USD
Apartments - FOR SALE
1/42
null | 7.37% Cap Rate

118-16 91st Ave
Richmond Hill, NY 11418


OVERVIEW

Net Operating Income: $405,609 30 Residential Units Cell Tower Income ($24,671 per Annum) Laundry Income ($15,000 per Annum) Rents Below Legal Rent Nearby Access to J, Z & A Subway Lines

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$295 USD /SF

# OF UNITS

30

PRICE/UNIT

$183,333

CAP RATE

7.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,974 SF

ZONING

R4A

APN/PARCEL ID

09350-0006

ASK ABOUT THIS PROPERTY

Evan DanielModern SpacesMore Info
516-508-8189

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Evan DanielModern SpacesMore Info
516-508-8189

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