3 Story Apartments building built in 1983, it consists of EIGHT units. This well-positioned property offers Free Market rents, providing a balanced income stream with upside potential. With low operating expenses and an attractive Cap Rate, this asset delivers strong cash flow and long-term value.Don’t miss this turnkey opportunity to add a high-performing asset to your portfolio.
| MLS # | 948690 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 243 |
| Listing Provided By | Chase Global Realty Corp | John Z. Liu CBR |
| SQ Feet | 6,020 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | R4 |
| Acreage | 0.09 |
| Cooling | None |
|---|---|
| Heating | Baseboard, Natural Gas |
| Appliances | Cooktop, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, Gas Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Gas Water Heater |
| Security Features | Building Security, Fire Alarm, Fire Escape, Smoke Detector(s), Window Bars |
|---|---|
| Construction Materials | Block, Brick |
| Foundation Details | Brick/Mortar, Concrete Perimeter, Other |
| Lot Features | Back Yard, City Lot, Near Public Transit |
| Fencing | Front Yard |
| Parking Features | None |
|---|
| Utilities | Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Available, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 43411 |
| State | NY |
|---|---|
| County | Queens |
| City | Forest Hills |
| Zip Code | 11374 |
| Listing VS Median (in 11374) | |
Price: $2,500,000 low | high Med: $399,000 sqft: 6,020 low | high Med: 950 $ / sqft: $415 low | high Med: $420 On site: 243 low | high Med: 132 | |
| State | NY |
|---|---|
| County | Queens |
| City | Forest Hills |
| Zip Code | 11374 |
| Listing VS Median (in 11374) | |
Price: $2,500,000 low | high Med: $399,000 sqft: 6,020 low | high Med: 950 $ / sqft: $415 low | high Med: $420 On site: 243 low | high Med: 132 | |
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