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903 35th Ave 15 Unit Apartment Building $2,500,000 ($166,667/Unit) 7.37% Cap Rate Long Island City, NY 11106
PROPERTY FACTS Under Contract
| Price | $2,500,000 | Building Class | C |
| Price Per Unit | $166,667 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 16,157 SF |
| Cap Rate | 7.37% | Average Occupancy | 100% |
| No. Units | 15 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R5 | ||
| Price | $2,500,000 |
| Price Per Unit | $166,667 |
| Sale Type | Investment |
| Cap Rate | 7.37% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 16,157 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1915 |
| Opportunity Zone |
Yes |
| Zoning | R5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 14 | - | 1,000 |
1 1
Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (84)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 00324-0001 | Improvements Assessment | $312,030 |
| Land Assessment | $141,480 | Total Assessment | $453,510 |
PROPERTY TAXES
Parcel Number
00324-0001
Land Assessment
$141,480
Improvements Assessment
$312,030
Total Assessment
$453,510
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903 35th Ave
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