See all 15 photos
$1,599,000
Est. payment /mo
3,576 Sqft Lot
New
8640 123rd ST Richmond Hill, NY 11418
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 892533
Rental Info No
Year Built 1931
Annual Tax Amount $24,738
Lot Size 3,576 Sqft
Acres 0.0821
Property Sub-Type Multi Family
Source onekey2
Property Description
Exceptional 6 unit investment in prime Richmond Hill. This rent-stabilized six unit multifamily features six 2-bedroom and 1 bath apartments. The rooms are large and spacious. The roof is less than a year old and in excellent condition. All tenants are current with their rent, generating $107,000 plus annual income. Updated electricity and plumbing. This property offers a rare chance with a strong cash flow and significant long-term appreciation potential. Situated near schools, shopping and transportation.
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Baseboard, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Utilities Available See Remarks
Building
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Queens 27
School District Queens 27
Others
Special Listing Condition None
Listed by North East Queens Realty Corp