6 Family walk-up with 2 car parking lot in great condition, located on the corner of Skillman Ave and 52nd St on the Woodside/Sunnyside border. The building has been "babied" by the same owner for 30+ years and professionally managed since 2022. Located 1 block away from the 7 train, and no violations, this is a great opportunity for any investor. Keep the current management company in place to create a true hands-off, passive income, revenue stream! The total current income is $10,330.83, however, the 2 car parking lot is not currently being rented out and could easily earn an additional $800 a month. Also, two apartments have preferential rent and are up for renewal in couple months. Along with the 4.5% increase that was approved for all renewals after 10/1/2025, the 2026 rent-roll will be approximately $12,800 a month or $153,600 a year. The yearly expenses including common area electric, water, heat, insurance, property tax, and repairs are approximately $55,000 a year. With net income of almost 100K a year, the asking price of $1,400,000 = a cap rate of just over 7%!