Description
Don't miss this amazing brick semidetached legal 3 family right next to Queens Center Mall! Property can generate 6% cap rate of return with 100% occupancy year round! All set up for easy management: 3 gas meters, 3 boilers and 4 electric meters. Low maintenance-Property is 30'x30' solid brick with a small concrete backyard accessible from the first floor. Building was built in 2005 and has sprinklers throughout. There are 3 floors + attic with 2 bedrooms on each floor. Super easy commute to Manhattan by train. There is property tax abatement until 2032 so currently annual taxes are only $1200! The ideal investment awaits! Showings strictly by appointment.
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7BEDS
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N/AACRES
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6BATHS
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01/2 BATHS
School Ratings & Info
Description
Don't miss this amazing brick semidetached legal 3 family right next to Queens Center Mall! Property can generate 6% cap rate of return with 100% occupancy year round! All set up for easy management: 3 gas meters, 3 boilers and 4 electric meters. Low maintenance-Property is 30'x30' solid brick with a small concrete backyard accessible from the first floor. Building was built in 2005 and has sprinklers throughout. There are 3 floors + attic with 2 bedrooms on each floor. Super easy commute to Manhattan by train. There is property tax abatement until 2032 so currently annual taxes are only $1200! The ideal investment awaits! Showings strictly by appointment.
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Data last updated: 2025-05-18T07:19:04.8.