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Sutton Meadows 71-57 161st St 11 Unit Apartment Building $4,800,000 ($436,364/Unit) 4.50% Cap Rate Fresh Meadows, NY 11365

Apartment Buildings New York Fresh Meadows 71-57 161st St, Fresh Meadows, NY 11365

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Investment Highlights

  • Fully tenant occupied.

Executive Summary

Fully occupied multifamily building for sale.

Attachments

71-57 161ST ST FRESH MEADOWS 4e_ baihua jiang

Property Facts

Price $4,800,000 Apartment Style Mid-Rise
Price Per Unit $436,364 Building Class C
Sale Type Investment Lot Size 0.13 AC
Cap Rate 4.50% Building Size 14,240 SF
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
 Average Occupancy 100%
No. Units 11 No. Stories 6
Property Type Multifamily Year Built 2006
Property Subtype Apartment
Zoning R6 - Medium density residential district
Price $4,800,000
Price Per Unit $436,364
Sale Type Investment
Cap Rate 4.50%
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.13 AC
Building Size 14,240 SF
Average Occupancy 100%
No. Stories 6
Year Built 2006
Zoning R6 - Medium density residential district

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 11 - -
1 1
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (72)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Property Taxes

Parcel Number 04468-0015 Improvements Assessment $48,603
Land Assessment $39,312 Total Assessment $87,915

Property Taxes

Parcel Number
04468-0015
Land Assessment
$39,312
Improvements Assessment
$48,603
Total Assessment
$87,915
(929) 788-5678

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Contact the broker for more information about this property

Contact

  • Listing ID: 30337758

  • Date on Market: 12/11/2023

  • Last Updated:

  • Address: 71-57 161st St, Fresh Meadows, NY 11365

More public record information on 71-57 161st St, Fresh Meadows, NY 11365

The Multifamily Property at 71-57 161st St, Fresh Meadows, NY 11365 is currently available for Sale. Contact CHASE Global Realty Corp. for more information.

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Sutton Meadows | 71-57 161st St
(929) 788-5678 x

Sutton Meadows | 71-57 161st St

Bella Jiang
(929) 788-5678

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