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Executive Summary
Welcome to 6361 110th Street property located in the highly desirable Forest Hills neighborhood, this well-maintained six-family brick building presents a rare opportunity to acquire an asset in one of Queens’ strongest rental markets. It consists of six residential apartments, six on-site garages and additional outdoor space on the back of the building providing both stable income and additional revenue potential. Apartment configuration includes: *two 2-bedroom apartments, *two larger 1-bedroom apartments and two smaller 1-bedroom apartments.
The building is of solid brick construction, offering durability, low maintenance, and long-term value. The unit mix appeals to a wide range of tenants, supporting consistent occupancy. The presence of six garages is a significant amenity in Forest Hills, enhancing income. and tenant demand.
Situated on a residential block with convenient access to transportation, shopping, dining, and neighborhood amenities, this property represents a stable, long-term investment with upside through future rent growth and operational efficiencies.
The building is of solid brick construction, offering durability, low maintenance, and long-term value. The unit mix appeals to a wide range of tenants, supporting consistent occupancy. The presence of six garages is a significant amenity in Forest Hills, enhancing income. and tenant demand.
Situated on a residential block with convenient access to transportation, shopping, dining, and neighborhood amenities, this property represents a stable, long-term investment with upside through future rent growth and operational efficiencies.
Property Facts
| Price | $1,300,000 | Building Class | C |
| Price Per Unit | $216,667 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 4,625 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Low-Rise | ||
| Zoning | R4 - districts allow all types of housing at a slightly higher density than permitted in R3-2 districts | ||
| Price | $1,300,000 |
| Price Per Unit | $216,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,625 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1950 |
| Zoning | R4 - districts allow all types of housing at a slightly higher density than permitted in R3-2 districts |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (85)
Transit Score®
Rider's Paradise (92)
Property Taxes
| Parcel Number | 02183-0008 | Improvements Assessment | $305,640 |
| Land Assessment | $49,410 | Total Assessment | $355,050 |
Property Taxes
Parcel Number
02183-0008
Land Assessment
$49,410
Improvements Assessment
$305,640
Total Assessment
$355,050
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6361 110th St
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