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40-09 149th pl - Mixuse 3 Unit Apartment Building Offered at $2,000,000 at a 6.45% Cap Rate Queens, NY 11354
Executive Summary
Excellent opportunity to acquire a mixed-use property in a prime Flushing location, conveniently located near the LIRR and Northern Boulevard.
The property consists of one ground-floor commercial storefront and two residential units, offering diversified and stable rental income.
The property consists of one ground-floor commercial storefront and two residential units, offering diversified and stable rental income.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
|
| Other Income |
-
|
-
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| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,000,000 | Property Type | Multifamily |
| Price Per Unit | $666,667 | Apartment Style | Low-Rise |
| Sale Type | Investment | Lot Size | 0.02 AC |
| Cap Rate | 6.45% | Building Size | 2,400 SF |
| Sale Condition | Building in Shell Condition | No. Stories | 2 |
| No. Units | 3 | Year Built | 1915 |
| Price | $2,000,000 |
| Price Per Unit | $666,667 |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| Sale Condition | Building in Shell Condition |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.02 AC |
| Building Size | 2,400 SF |
| No. Stories | 2 |
| Year Built | 1915 |
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
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40-09 149th pl - Mixuse