Richmond Hill, NY 11418,8640 123rd ST
Richmond Hill, NY 11418,8640 123rd ST
Richmond Hill, NY 11418,8640 123rd ST
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$1,599,000
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3,576 Sqft Lot
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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

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agent

Daniel Benzaken

REALTOR® | License ID: 10401305338

+1(347) 539-6680

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8640 123rd ST