6361 110th St - Apartments FOR SALE


Forest Hills, NY 11375
$1,600,000 USD
718-710-8170
6361 110th St, Forest Hills, NY for Sale
$1,600,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

6361 110th St
Forest Hills, NY 11375


OVERVIEW

Welcome to 6361 110th Street property located in the highly desirable Forest Hills neighborhood, this well-maintained six-family brick building presents a rare opportunity to acquire a fully rent-stabilized asset in one of Queens’ strongest rental markets. It consists of six rent-stabilized residential apartments and six on-site garages, providing both stable income and additional revenue potential. Apartment configuration includes: *two 2-bedroom apartments, *two larger 1-bedroom apartments and two smaller 1-bedroom apartments. The building is of solid brick construction, offering durability, low maintenance, and long-term value. The unit mix appeals to a wide range of tenants, supporting consistent occupancy. The presence of six garages is a significant amenity in Forest Hills, enhancing income. and tenant demand. Approximate yearly gross income close to $160,000 Situated on a residential block with convenient access to transportation, shopping, dining, and neighborhood amenities, this property represents a stable, long-term investment with upside through future rent growth and operational efficiencies.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

6

PRICE/UNIT

$266,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,271 SF

ZONING

R4

APN/PARCEL ID

02183-0008

ASK ABOUT THIS PROPERTY

Marek SobolewskiTrademarko RealtyMore Info
718-710-8170

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Marek SobolewskiTrademarko RealtyMore Info
718-710-8170

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