7312 70th St - Apartments FOR SALE


Glendale, NY 11385
$600,000 USD
914-584-7422
7312 70th St, Glendale, NY for Sale
$600,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

7312 70th St
Glendale, NY 11385


HIGHLIGHTS

  • Dual Functionality: The combination of two garages and an office on top allows an owner-user to operate a business while utilizing the garages.
  • Rent Roll Growth Potential: Current rents are significantly below market value, with market rents estimated to be 60-80% higher.
  • Neighborhood Growth: Glendale, Queens is a highly sought-after area, benefiting from the ongoing spillover of development

OVERVIEW

Broker of Record Cory Rosenthal License No. 10991237833 (NY) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

2

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

73-12 70TH STREET

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

880 SF

ZONING

R4-1

APN/PARCEL ID

03707-0035

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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