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7214 69th Pl
Glendale, NY 11385
Prime Corner 9.2 cap building with upside · Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 6,500 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1931 |
| Zoning | R5B, R5D, C2-3 - Medium density district with a height limit of 40 feet | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 6,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R5B, R5D, C2-3 - Medium density district with a height limit of 40 feet |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Washer/Dryer
- Hardwood Floors
- Stainless Steel Appliances
- Dining Room
- Family Room
- Smoke Free
About 7214 69TH PL , GLENDALE, NY 11385
This corner building in Glendale, Queens consists of three stories and six apartments, five of which are fully renovated. Each renovated apartment has newly outfitted kitchens, bathrooms, hardwood floors, and in-unit washer/dryers. The building was also updated in 2015 with new electric, plumbing and a new roof. The apartments can be converted to two four-bedroom duplex units and four three-bedroom units, providing a potential gross annual income of approximately $199,200.00 and a potential cap rate of 9.2%.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 5 | - | - |
| 4+1 | 1 | - | - |
Property Taxes
| Parcel Number | 03704-0025 | Improvements Assessment | $184,507 |
| Land Assessment | $4,739 | Total Assessment | $189,246 |
Property Taxes
Parcel Number
03704-0025
Land Assessment
$4,739
Improvements Assessment
$184,507
Total Assessment
$189,246
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