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22-88 Mott Ave
Far Rockaway, NY 11096
4 SOLID PROPERTIES | 115 UNITS | 7.02% CAP · Multifamily Property For Sale
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115 Units
Investment Highlights
- SOLID PORTFOLIO!!
- 115 Units
- Mighty Brick Buildings
- 7.02% Cap Rate
- 4 MASSIVE PROPERTIES
- Situated on Giant Properties
Property Facts
| No. Units | 115 | Lot Size | 0.33 AC |
| Property Type | Multifamily | Building Size | 51,000 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 6 |
| Building Class | C | Year Built | 1957 |
| Zoning | R5,Queens,(D1) | ||
| No. Units | 115 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 51,000 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 1957 |
| Zoning | R5,Queens,(D1) |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Elevator
About 22-88 MOTT AVE , FAR ROCKAWAY, NY 11096
The subject portfolio consists of 4 Massive, Income Producing Properties in Far Rockaway, Queens, NY. 2288 Mott Ave. consists of 60 Residential Units. The property is well managed and in stunning condition, with a net income of $822,972. The Property on 1815 Everdell Ave. has a total of 26 Units with a net income of $409,383. 1127 Nameoke Ave. is a residential property with 17 beautifully Renovated Units. Nets a total of $363,370 annually. 1136-1138 Mcbride Street total 12 Residential Units with the NOI at $170,045. All Properties are Mortgage Assumable. With the Tremendous net annual income at $1,825,770, the 115 Units are a solid Long Term Investment. PROPERTIES CAN BE SOLD INDIVIDUALLY.
Property Taxes
| Parcel Number | 15663-0009 | Improvements Assessment | $1,476,360 |
| Land Assessment | $221,850 | Total Assessment | $1,698,210 |
Property Taxes
Parcel Number
15663-0009
Land Assessment
$221,850
Improvements Assessment
$1,476,360
Total Assessment
$1,698,210
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