Well-Maintained Investment Opportunity – Strong Rent Roll & Low Expenses
This well-maintained building offers a strong rent roll, low operating expenses, and upside potential. An extra unit in the basement adds to the possibilities, while a private outdoor space can be utilized as a common area for tenants. With an asking price at a 6% cap rate, this is a prime opportunity for investors seeking stable cash flow and future growth. Don't miss out on this exceptional asset!
$133,920 gross yearly income
$49,876 yearly expenses
In contract
$1,399,000
10-53 115th St #6, College Pt, NY 11356
11beds
5,160sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$271/sqft
$-- HOA
What's special
Private outdoor space
- 74 days
- on Zillow |
- 117 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 09:59am
Listing by:
Modern Spaces 917-916-6776,
Greg Kyroglou
Source: StreetEasy,MLS#: S1758431
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
- Full bathrooms: 6
Interior area
- Total structure area: 5,160
- Total interior livable area: 5,160 sqft
Property
Features
- Has view: Yes
- View description: City
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: College Point
HOA
- Services included: Maintenance
Location
- Region: College Pt
Financial & listing details
- Price per square foot: $271/sqft
- Annual tax amount: $25,680
- Date on market: 3/10/2025
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