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3521 61st St 4 Unit Apartment Building $1,488,000 ($372,000/Unit) 4.20% Cap Rate Woodside, NY 11377
INVESTMENT HIGHLIGHTS
- Great location close to Broadway
- Walking distance to #7 train, subway and LIRR.
EXECUTIVE SUMMARY
Legal 4 family, brick house off Broadway in Woodside. Walking distance to #7 train, subway and LIRR. 3 studios plus a 2 Bedroom apartment. 2 car garage. Total income $7215 per month including $325 for the garage
PROPERTY FACTS
| Price | $1,488,000 | Property Subtype | Apartment |
| Price Per Unit | $372,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.20% | Lot Size | 0.07 AC |
| Sale Condition | 1031 Exchange | Building Size | 2,000 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1925 |
| Zoning | R5 - R5 - Medium density district with a height limit of 40 feet | ||
| Price | $1,488,000 |
| Price Per Unit | $372,000 |
| Sale Type | Investment |
| Cap Rate | 4.20% |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,000 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | R5 - R5 - Medium density district with a height limit of 40 feet |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 3+1 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Rider's Paradise (100)
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3521 61st St
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