Property Details

Overview

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1945 Gleason is also for sale.

Key Facts

•SqFt: 4320.00
•Lot Size: 0.06
•Lot Sq Ft: 2574
•Taxes: $15,296

Additional Features

•Garage: 0.0
•Parking Facilities: None

Interior & Utilities

•Heat: Natural Gas, Hot Water
•A/C: Window Unit(s)
•Water: Public
•Sewer: Sewer
•Garbage Removal: Public

Financial

•Taxes: $15,296

Listing Information provided courtesy of Keller Williams Realty NYC Grp 718-697-6800

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