Price Drop
$ 1,200,000
[11.11%]
[$ -150,000]
Building For Sale
Property Type
Active
Status
6
Bedrooms
Building Details
Multi-Family
Ownership
Commercial
Building Type
2,000 SF
Lot Size
1931
Year Built
3
Floors
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 and can be rented to put large signs for advertisement. 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.
Additional information: Building Siz e:20X55, Lot size 20x100 zoning R4-1
The income and expenses:
Apt 1A $1,442
Apt 1B $2,000
Apt 2A $1,400
Apt 2B $1,300
Apt 3A $1,545
Apt 3B $1,297,
Roof $1,000
Monthly Gross Income $9,984,
Total annual Gross income; 119,808
Heat $3,000
Insurance $3,100
Water $2,900
Tax $16,000
Total Net income $94,808
Cap Rate 6.65%,
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 and can be rented to put large signs for advertisement. 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.
Additional information: Building Siz e:20X55, Lot size 20x100 zoning R4-1
The income and expenses:
Apt 1A $1,442
Apt 1B $2,000
Apt 2A $1,400
Apt 2B $1,300
Apt 3A $1,545
Apt 3B $1,297,
Roof $1,000
Monthly Gross Income $9,984,
Total annual Gross income; 119,808
Heat $3,000
Insurance $3,100
Water $2,900
Tax $16,000
Total Net income $94,808
Cap Rate 6.65%,
Listing Courtesy of Winzone Realty Inc
Contact
Coldwell Banker Reliable Real Estate
License
Licensed As: Not Applicable
Mortgage Calculator
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Disclaimer: The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use.
Source of Information: The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. Data last updated: 08/14/2025 5:03AM
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: KEYL3592615
