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68-20 Jay Ave
Flushing, NY 11378
Multifamily Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 4,420 SF
No. Stories 2
Year Built 1929
Parking Ratio 0.45/1,000 SF
Zoning R4-1 Queens(S2)

ABOUT 68-20 JAY AVE , FLUSHING, NY 11378

***WANT TO PUT YOUR INVESTMENT DOLLARS TO WORK?*** HERE IS YOUR CHANCE TO OWN A UNICORN! Priced to SELL FAST!!!! -Awesome Income Generating property on quaint Jay Street for sale featuring RENTAL UNITS, A COMMERCIAL BAR SPACE & LOW TAXES! (Taxes $7500~) -Cap Rate Approx 5.7% -All units currently have a tenant in place and a reliable tenant in the bar/commercial space that has frontage on 69th Street. -Can easily be delivered fully or partially vacant if needed -Alternate address: 54-12 69th Street Property Features: -5 Rental Units - 2 two bedrooms - 3 one bedrooms -1 large commercial/retail space with large outdoor space faces 69th Street - in business over 50 years -4,420 SF Building on 6,390 SF Lot. The Lot size is 45’ X 142’ -Income Generating Rent-Roll (available upon request) -Well Proportioned Rental Units with great layouts - all currently occupied with potential for rent increases -Building can easily be delivered vacant if desired. -Spacious Well-Maintained Basement - can be used for tenant storage. -2 Car Drive-Way on Jay Avenue Side No C of O. Please contact for the full details ***Brokers asked about the buyers agent commission!***

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02398-0035
Land Assessment
$7,390
Improvements Assessment
$37,945
Total Assessment
$45,335
  • Listing ID: 16965229

  • Date on Market: 8/19/2019

  • Last Updated:

  • Address: 68-20 Jay Ave, Flushing, NY 11378

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