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3 Fam Ideal 1031 Exchange Investment Opp 7746 79th St 3 Unit Apartment Building $1,500,000 ($500,000/Unit) Glendale, NY 11385
Investment Highlights
- All tenants have no leases
- This property has 6 rooms over 6 rooms over 5 plus full basement w/ OSE and private yard, driveway and garage
Executive Summary
Fantastic investment opportunity! Young legal brick 3 family semi-detached home built in 2005 located in Glendale, Queens! This property sits on a 30 x 122 lot and the apartments have large modern rooms making it optimal for large families! The first floor features 5 rooms, 2 bedrooms and 1 full bath. The 2nd and 3rd floor each has 6 rooms, 3 bedrooms and 2 baths and rear terraces! All apartments include microwave, stove, dishwasher and refrigerators. The 2nd & 3rd floor have kitchen islands and modern amenities and the 3rd fl has hi ceilings with skylights bringing in natural light! The property has a large private yard including a garage, private driveway and finished basement with OSE. All tenant occupied with no leases! Call for more details regarding rent roll & expenses!
Property Facts
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $500,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Sale Condition | 1031 Exchange | Building Size | 4,292 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2005 |
| Zoning | R4-1 | ||
| Price | $1,500,000 |
| Price Per Unit | $500,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 4,292 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2005 |
| Zoning | R4-1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Storage Space
- Heating
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Vaulted Ceiling
- Refrigerator
- Tub/Shower
- Yard
- Basement
- Dining Room
- Garden
- Island Kitchen
- Skylights
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,800 | - |
| 3+2 | 2 | $2,575 | - |
| 3+2 | 3 | $2,600 | - |
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Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 03815-0035 | Improvements Assessment | $38,582 |
| Land Assessment | $15,296 | Total Assessment | $53,878 |
Property Taxes
Parcel Number
03815-0035
Land Assessment
$15,296
Improvements Assessment
$38,582
Total Assessment
$53,878
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3 Fam Ideal 1031 Exchange Investment Opp | 7746 79th St
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