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Richmond Hill South NY, 11419 $1,158,000

Multi Family For Sale 3 Beds , 1 Full Bath , 1 Half Bath , 2240 SqFt 

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Details ML#: 3547943  

  • Style: Store+Dwell
  • # of Families: 2
  • Year Built: 1925
  • Taxes: $6,938
  • Status:Active

Description

Fantastic investment opportunity in very desired area of Richmond Hill. Mix used property very successful restaurant. Heavy daytime foot traffic, stable cash flow with upside rent growth potential. Commercial space has a 2 years lease remaining and ground floor tenant pays 35% property tax and 75% water bill. Rent per month $3029 (also 3% increase every year). 2nd floor 3 bedroom (vacant). Excellent transportation and commuting options available. Tenants pay their own utilities. More than 6% cap.

More Property Details

Room Information

Bedroom: 3   Full Bath: 1   Half Bath: 1  

Property Features

Building Size: 16x70   Lot Size: 0.03   Lot Sq Ft: 1212   Approx. Int. Sq. Ft.: 2240.00   Garage: 0.0   Parking Spaces: Yes   Parking Facilities: Private, None  

Appliances & Utilities

Heat: Natural Gas, Hot Water   A/C: None   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $6,938  

Local Area Information

School District#: 28   Zoning: R6B, C2-3   Block: 9568   Lot: 46  

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