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95 Franklin Avenue Valley Stream NY 11580 95 Franklin Ave 3 Unit Apartment Building $995,000 ($331,667/Unit) 6.09% Cap Rate Valley Stream, NY 11580
INVESTMENT HIGHLIGHTS
- Visibility
- Signage
- Parking
EXECUTIVE SUMMARY
This mixed use property has a former doctors office with 1000 square feet office on the 1st floor, a finished basement, and an apartment on the 2nd floor.
The 1st floor is vacant now for an owner/user or investor. With parking in the front and on the side with additional street parking.
This busy location is ripe for your business exposure with income to offset expenses.
The 1st floor is vacant now for an owner/user or investor. With parking in the front and on the side with additional street parking.
This busy location is ripe for your business exposure with income to offset expenses.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $995,000 | Building Class | C |
| Price Per Unit | $331,667 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 4,380 SF |
| Cap Rate | 6.09% | Average Occupancy | 50% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1928/1980 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Price | $995,000 |
| Price Per Unit | $331,667 |
| Sale Type | Investment |
| Cap Rate | 6.09% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,380 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built/Renovated | 1928/1980 |
| Parking Ratio | 1.14/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $1,100 | - |
| 2+1 | 1 | $2,200 | - |
1 1
PROPERTY TAXES
| Parcel Number | 2035-35-238-00-0046-0 | Total Assessment | $1,624 (2025) |
| Land Assessment | $855 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $769 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2035-35-238-00-0046-0
Land Assessment
$855 (2025)
Improvements Assessment
$769 (2025)
Total Assessment
$1,624 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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95 Franklin Avenue Valley Stream NY 11580 | 95 Franklin Ave
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