119-14 Hillside Ave Richmond Hill, NY 11418

Single Family Attached MLS #: L3592615 Courtesy Of WINZONE REALTY INC.

Property InformationDescription

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%,

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Building Units: 6
  • Heating System: Heat Pump
  • MLSID: L3592615
  • Rooms: Basement
  • View Type: City
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