6414 Wetherole St - Apartments FOR SALE


Rego Park, NY 11374
$11,999,000 USD
917-523-1274
6414 Wetherole St, Rego Park, NY for Sale
$11,999,000 USD
Apartments - FOR SALE
1/7
null | 5.43% Cap Rate

6414 Wetherole St
Rego Park, NY 11374


HIGHLIGHTS

  • 5 total affordable units
  • Modern kitchens with stainless steel appliances
  • Luxurious bathrooms with contemporary finishes
  • In-unit climate control
  • Secure entry and common areas
  • Elevator service

OVERVIEW

Kassin Sabbagh Realty (KSR) has been entrusted with the sale of 64-16 Wetherole Street, a newly developed 421-a building located in Rego Park, Queens. This modern building comprises 30% affordable housing units and 70% market-rate units, offering a balanced living environment for various income levels. The affordable units are designed to provide comfortable and quality living spaces for families and individuals under city programs. The building includes one retail space currently rented to a Daycare Center which includes the basement. Located in Rego Park offers easy access to public transportation, shopping, dining, and parks.

FOR SALE DETAILS

PRICE

$11,999,000 USD

PRICE/SF

$672 USD /SF

# OF UNITS

17

PRICE/UNIT

$705,824

CAP RATE

5.43%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,037 SF

ZONING

R7-1

APN/PARCEL ID

03096-0079

ASK ABOUT THIS PROPERTY

Samia FarahKassin Sabbagh RealtyMore Info
917-523-1274

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Samia FarahKassin Sabbagh RealtyMore Info
917-523-1274

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