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35-54 95th St
Jackson Heights, NY 11372
Multifamily Property For Sale
·
20 Units
Investment Highlights
- Excellent Location, one block from #7 train. Very Well taken care off by owner, Clean Building, All 2 Bedroom Apartments
Executive Summary
Price Reduction!!
Weichert Realtors – TMT Group is pleased to present 35-54 95th Street, a multi-family property located in Jackson Heights, NY. The subject property consists of 20, 2-bedrooms, stabilized (no rent controlled ) apartments that sits on a 55 x 100 lot. The building has been meticulously cared for by the owner and has had many upgrades including new Boiler and Burner in December of 2020. The subject property is located one block away from the # 7 train for a quick 25 min ride into Manhattan. Some of the neighboring retailers include, Rite Aid Pharmacy, Chase Bank, IHOP, City MD and many others. This property presents investors with the opportunity to acquire a low vacancy rate, stable cash flowing Real Estate investment. It can also be a great 1031 exchange opportunity. Additional information available upon request.
Weichert Realtors – TMT Group is pleased to present 35-54 95th Street, a multi-family property located in Jackson Heights, NY. The subject property consists of 20, 2-bedrooms, stabilized (no rent controlled ) apartments that sits on a 55 x 100 lot. The building has been meticulously cared for by the owner and has had many upgrades including new Boiler and Burner in December of 2020. The subject property is located one block away from the # 7 train for a quick 25 min ride into Manhattan. Some of the neighboring retailers include, Rite Aid Pharmacy, Chase Bank, IHOP, City MD and many others. This property presents investors with the opportunity to acquire a low vacancy rate, stable cash flowing Real Estate investment. It can also be a great 1031 exchange opportunity. Additional information available upon request.
Property Facts
| Price Per Unit | $192,500 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.92% | Lot Size | 0.13 AC |
| Sale Condition | 1031 Exchange | Building Size | 15,504 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1928 |
| Zoning | R6A - R6 - Medium density residential district | ||
| Price Per Unit | $192,500 |
| Sale Type | Investment |
| Cap Rate | 6.92% |
| Sale Condition | 1031 Exchange |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 15,504 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1928 |
| Zoning | R6A - R6 - Medium density residential district |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 20 | - | - |
Property Taxes
| Parcel Number | 01468-0033 | Improvements Assessment | $553,950 |
| Land Assessment | $148,500 | Total Assessment | $702,450 |
Property Taxes
Parcel Number
01468-0033
Land Assessment
$148,500
Improvements Assessment
$553,950
Total Assessment
$702,450
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