78-11 73rd Pl, Glendale, NY 11385

$1,550,000
Active for Sale
 
Listing ID 11801015
Property Type Multi-Unit (5+)
County Queens
Township Queens
Neighborhood Flushing
FEMA Flood Map fema.gov/portal
Year Built 1925
   
Virtual Tour
Glendale 6-family solid brick building, semi-attached, with plenty of upside consisting of 4 free market units and 2 rent stabilized units (1A, 3A are stabilized). Fully occupied with the following current rents: 1A $1080, 1B $1300, 2A $1650, 2B $1680, 3A $1575 and 3B $1365. Current annual rent roll is $103,800. All units are two bedrooms, living room, kitchen and bath. Annual operating expenses: Insurance $9125, Water $4800, Repairs $3945, Fuel $6000. Annual property taxes $25,679.
Property Details
  • 6 Full Baths
  • 4500 SF (AG)
  • 2500 SF Lot
  • Built in 1925
  • Full Basement
  • Lower Level: Finished
Unit Information
Unit #1 – Gross Area: 750, Bedrooms: 2, Full Baths: 1, Occupied, Unit Count: 6
Interior Features
  • Hardwood Flooring
  • Steam Radiators
  • Natural Gas Fuel
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
Community Details
  • Walk-up (Bldg. Style)
Income/Expenses
  • Gross Income $103,800
  • Insurance Exp $9,125
  • Heat Exp $6,000
  • Water Exp $4,800
  • Misc Exp $3,945
  • Paid by Landlord: Heat, Water
Listed By
LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
Office: 718-898-8300
Mobile: 646-875-1762
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