For Sale, USD 1,298,000
72-20 67th Street, New York City NY 11385, New York, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 2,800 ft² / 260 m²
Land Size : N/A
Bedroom : 12
Bathroom : 6
Half Bathroom : 0
MLS#: N/A
Property Description
This well-maintained asset comprises six spacious two-bedroom, one-bathroom apartments, each offering generous living areas and functional kitchen layouts. The consistent two-bedroom unit mix remains one of the strongest-performing configurations in this submarket, supporting steady tenant demand and long-term rent stability.
Constructed of solid brick and positioned in a prime location near transportation, shopping, dining, and everyday conveniences, the property benefits from strong rental fundamentals and enduring neighborhood appeal.
An ideal turnkey investment offering immediate cash flow in one of Queens' most dependable multifamily corridors.
Investment Highlights:
100% Occupied - Immediate Cash Flow
Gross Scheduled Income: $124,063.2
Net Operating Income: $79,827.2
Cap Rate: 6.15%
Price Per Unit: $216,333