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6527 Roosevelt Ave 12 Unit Apartment Building $6,999,000 ($583,250/Unit) 6.27% Cap Rate Woodside, NY 11377
Investment Highlights
- Steps from Subway
- Brand New Elevator Building
- Mixed Use - Medical Tenants
Executive Summary
New Development - 12 Units - Elevator Building
440k Net Income - 510 Gross Income
32 Years Remaining on a 421a Tax Abatement
9 Apartments + 3 Retail Medical Tenants
Strong Retail Medical Tenants - Retail was built to suite for Medical tenants
Tenants pay their own heat, maintenance closets with Hot Water Heaters on each floor.
440k Net Income - 510 Gross Income
32 Years Remaining on a 421a Tax Abatement
9 Apartments + 3 Retail Medical Tenants
Strong Retail Medical Tenants - Retail was built to suite for Medical tenants
Tenants pay their own heat, maintenance closets with Hot Water Heaters on each floor.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01223-1301 | Improvements Assessment | $328,382 |
| Land Assessment | $44,694 | Total Assessment | $373,076 |
Property Taxes
Parcel Number
01223-1301
Land Assessment
$44,694
Improvements Assessment
$328,382
Total Assessment
$373,076
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6527 Roosevelt Ave
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