13 -09 40 Avenue, Queens, NY 11101

No Photos
$2,200,000 List Price
Off Market
 
Listing ID 10552055
Property Type Townhouse
County Queens
Neighborhood Long Island City
FEMA Flood Map fema.gov/portal
   
Virtual Tour
A 24' wide 6 unit three story apartment building. The property has two units per floor located to the front and back of the building. All the apartments are renovated two bedroom units. They have an open kitchen and full bathroom and a living room. The living room can be converted into a bedroom. The property is individually metered for gas and electric, which is in the basement. The basement has 9' ceilings with windows it's currently leased to a carpenter on a month to month basis. The oil boiler, gas & electric and roof is new. The hallways and the apartments have 11' ceilings, the fire escapes are to the front and back of the building. All the units are rent stabilized with the potential for upside.The property is a prime investment opportunity because for a two bedroom apartment you can charge $1,700 to $1,800 their are three units in the building with rents less than $1,500. The property has a C1-3 Overlay, which allows it to be converted into a mixed use building or a commercial property. The building would be a great user opportunity, they can turn the two apartments on the ground floor into two stores and live in one of the apartments above. This would be perfect for the investors because they can get more for the stores than the apartments.
Property Details
  • 3 Stories
  • Available 9/06/2018
Previously Listed By
Halstead Property
Office: 212-396-8244
Halstead Property
Request More Information
Request Showing
Role Agent Buyer
Your Preferred Date & Time
Showing Type:

Mortgage Calculator

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and PMI.

The amount you plan to offer for a home.
Cash you can pay when you close.
Varies depending on lender and credit score.
Affects interest rates. 30- or 15-year loans are standard.
Amortization Schedule

Advanced Options

Percentage of home's value. Varies by area.
Based on average insurance costs nationally.
Required if down payment is less than 20%. Rate depends on lender and credit score.
Fees paid in some shared complexes for maintenance.
Listing data is deemed reliable but is NOT guaranteed accurate.
Contact Us
Who Would You Like to Contact Today?

I want to contact an agent about this property!

I wish to provide feedback about the website functionality

Contact Agent
Your Name:
Email:
Phone:
Message:
Security: What is 7 plus 1?