$1,569,000
$1,569,000
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5 Beds
5 Baths
SOLD DATE : 01/09/2019
Key Details
Sold Price $1,569,000
Property Type House
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Astoria
MLS Listing ID RPLU-63218630826
Sold Date 01/09/19
Bedrooms 5
HOA Y/N No
Property Description
Perfect investment property! Legal 3 Brick family with a finished basement and private driveway. This property is only a block from the amazing Astoria Park and the boardwalk along the river. One of the most desirable tree line streets in Astoria. Recently announced a $30 Million investment of the city in to Astoria Park.
1st floor - Huge 3 bedroom 1 bathroom
2F - 1 bedroom 1 bath with a private terrace.
2R 1 bedroom 1 bath with a EIK.
Lot size: 25 x 100.
Building size: 20 x 55.
Zoning: R5.
Annual rent: $84,000 with an upside of $102,000.
Taxes: $8000.
Expenses $2500
This investment property has an amazing very high CAP rate of 5% with an upside close to 6%. Savvy investors, this is the ONE!
Location
State NY
County Queens
Building Detail https://www.elegran.com/nyc/buildings/25-14th-st?listingId=1059614015&sold-listing=true
Interior
Fireplace No
Exterior
Private Pool No
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RLS Data display by Elegran | Forbes Global Properties
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