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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

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INVESTMENT HIGHLIGHTS

Fully tenant occupied.

EXECUTIVE SUMMARY

Fully occupied multifamily building for sale.

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

(929) 788-5678

CONTACT

Bella Jiang
CHASE Global Realty Corp.

Listing ID: 30337758
Date on Market: 12/11/2023
Last Updated:
Address: 71-57 161st St, Fresh Meadows, NY 11365

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71-57 161st St, Fresh Meadows, NY for sale Interior Photo- Image 1 of 10 — Interior Photo

71-57 161st St, Fresh Meadows, NY for sale Interior Photo- Image 2 of 10 — Interior Photo

71-57 161st St, Fresh Meadows, NY for sale Building Photo- Image 3 of 10 — 71-57 161st St

71-57 161st St, Fresh Meadows, NY for sale Neighborhood Photo- Image 4 of 10 — Neighborhood Photo

71-57 161st St, Fresh Meadows, NY for sale Building Photo- Image 5 of 10 — Building Entrance

71-57 161st St, Fresh Meadows, NY for sale Building Photo- Image 6 of 10 — Building Photo

71-57 161st St, Fresh Meadows, NY for sale Building Photo- Image 7 of 10 — Building Photo

71-57 161st St, Fresh Meadows, NY for sale Neighborhood Photo- Image 8 of 10 — Neighborhood Photo

71-57 161st St, Fresh Meadows, NY for sale Building Photo- Image 9 of 10 — Building Photo

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