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Property Description

The subject property is a 3 Stories, 3,300 Sq.Ft. 6 Family building located in prime location on Hillside Ave, Off Lefferts Blvd. The building includes (6) One Bedroom Apartments. All aprtments are rented, they have high ceilings, and are in good condition. The boiler is 4 years old and the water heater is 2 years old. All apartments pay for their own electric and cooking gas. The roof is in good condition. The building is located off Lefferts Blvd and is close distance to Subway J & Z Subway Train on the corner of 123 St and Jamaica Ave. There is the Leffers Shopping Center on the corner and it is close to many stores and restaurants and banks. The income is as follows: Apt 1A $1,442 Apt 1B $2,000 Apt 2A $1,400 Apt 2B $1,300 Apt 3A $1,545 Apt 3B $1,297 Monthly Gross Income $9,051 Heat $3,000 Insurance $3,000 Water $2,000 Tax $16,000 Total Net income $84,612 Cap Rate 6%

Facts and Features
: Heat Pump, Natural Gas
: Public Sewer
Address Map
Richmond Hill
NY
Queens
Lefferts Blvd to Hillside Ave
Property and Construction
173233
WIN02
6
3
$16,000
25

Commercial Sale For Sale

119-14 Hillside Ave, Richmond Hill, NY

0.05 Acre
$1,426,000
Listing ID #3592615
Basic Details
Property Type : Commercial Sale
Listing ID : 3592615
Price : $1,426,000
Lot Area : 0.05 Acre
Year Built : 1931
Status : Active
Status : A
Property SubType : Mixed Use
Listing Office : Winzone Realty Inc
Listing Agent : Rita Mahgerefteh
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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