THREE AREAS THAT HAVE 6 FAMILIES TO 29 UNITS FOR SALE RIGHT NOW!
More selections than your typical Realtors in Queens, New York
RIDGEWOOD 11385
6 FAMILY- DATA INFO-17-25 MENAHAN STREET, RIDGEWOOD,NY 11385
BEDROOMS 12 * BATHROOMS 6 * LOT SIZE 25X100 *BUILDING SIZE 25'X65'
TAXES $9,545.00
INCOME $86,000.00 ASKING $ 2MILLION DOLLARS
APARTMENT BREAKDOWN-RENTS
1R $1305.60
1L $469.83 RENT CONTROL
2R $1315.80
2L $1341.30
3L $1336.00
3R $1400
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JIM TURANO/BROKER-DIVERSE REAL ESTATE 1-347-837-9206
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RIDGEWOOD,NY 11385 - A PRISTINE BUILDING FOR YOUR PORTFOLIO, STEPS FROM THE TRAIN ON MYRTLE AVENUE, AND ALL STORES.
1731 CORNELIA STREET. (NEW ROOF,NEW BOILER CONVERSION, ALL NEW APARTMENTS)
* Income and Expenses
12 FAMILY-BUILDING ALL REMODELED
Income $186,294.84
ASKING $3,450,000
Real Estate taxes $33,041.00
INSURANCE $ 3,596.00
FUEL $ 3,206.00 OIL TO GAS CONVERSION DONE OCT. 2015
ELECTRIC $ 1,140.00
WATER/SEWAR $ 6,618.00
REPAIR/MAINT. $ 4,700.00
SUPER/JANITORIAL $ 1,872.00
TOTAL EXPENSES $ 54,173.00
NET...........$132,121.84 (2017 NUMBERS, NOT INCLUDING ANY RENTAL INCREASES FOR 2018)
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MIDDLE VILLAGE,NY 11379
TAXPAYER 3 STORES NO APARTMENTS ON METROPOLITAN AVENUE
MIDDLE VILLAGE, NY 11379-TAXPAYER 3 STORES ON METROPOLITAN -NO APARTMENTS ABOVE
74-17, 74-19, AND 74-21 METROPOLITAN AVENUE, MIDDLE VILLAGE
MONTHLY RENTS ........ $3,989.50*** $4,278.48 ***$4,389.87
10 year lease,+10 year lease+7 year lease
RENT YEARLY FOR 2018 .......................$151,894.20
*POTENTIAL TO BUILD APARTMENTS ABOVE THE STORES.........
3STORES-Restaurant, Chinese take-out, and AT&T wireless(each store is about 1,100 sq.ft.)
Square Footage 4,200 Inside Dimensions 42.0ft x 100.0ft
BBL 4030650022 *Zoning -Zoning District- R5 Commercial Overlay C1-3
Built FAR 0.5 Residential Zoned FAR 1.25 Max 5,250.0 sq. ft.
Remaining 3,150.0 sq. ft.
Taxes $19,571.51 *Water $3,600.00 *Insurance $2,410.00
NET APPROXIMATELY $126,312.70
ASKING $2,775,000 MILLION DOLLARS- NOT ON MLS
*IF INTERESTED A DISCLOSURE STATEMENT NEEDS TO BE SIGNED PRIOR TO ANY OFFERS*
JIM TURANO/BROKER-DIVERSE REAL ESTATE 1-347-837-9206
.....................VERY GOOD 1031 EXCHANGE PROPERTY................
ALSO MIDDLE VILLAGE,NY 11379 OFF ELIOT AVENUE NR TRAINS
58-16 85th Street, Queens, NY 11379 ASKING $3,750,000 (ONLY 14.5X'S INCOME)
Residential 7,060 Sq Ft - 15 Apartments-OFF ELIOT AVENUE. INCOME $261,000 DOLLARS
Land Use/ Multifamily walk-up buildings Lot Area 5,600 Sq Ft (40 Ft 96 Ft irregular)
Building Class C1/ Zoning R4 Residential FAR 0.9 Facility FAR 2 FAR as built 1.39
Buildable 5,040 Sq Ft Block & Lot 02897 & 0013 Neighborhood Middle Village/Elmh.
15 UNIT TWO STORY BRICK BUILDING ASKING $3,750,000 DOLLARS -NO RENT CONTROL
INCOME YEARLY $261,000 DOLLARS / EXPENSES YEARLY $77, 459.88
One bedroom and studio apartments/ all tenants must have over 700 credit
score and pay two months security with over 40x's income of the rents.
*The Best Deal in all of Queens. Steps to the trains on Woodhaven and
Queens blvd. One bedrooms rented for $1600 and now going for $1700 rent.
PURCHASE AT $3,650,000 AND GET A 7% CAP RATE
JIM TURANO/BROKER-DIVERSE REAL ESTATE 1-347-837-9206**********
ASTORIA
29 unit condo building brand new. ****Was $25 million, / ****March 16, 2018 reduced to $21,800,000
ASTORIA-28-18 ASTORIA BOULEVARD, ASTORIA NY 11102 -THE SLATE
29-UNIT HIGH-QUALITY NEW CONSTRUCTION/ MULTIFAMILY MIXED-USE CONDO BUILDING
BLOCK: 596 LOT 45
LOT DIMENSIONS 53.87' X 144.6' IRR.
LOT SQ. FT. 6,807 approx.
BUILDING DIMENSIONS 47' X 65' approx.
BUILDING SQ. FT. 31,692.61 approx.
ZONING R6A / R6B / C1-3
NUMBER OF RESIDENTIAL UNITS 28
NUMBER OF COMMERCIAL UNITS 1
STORIES 8 (with basement level)
PARKING 14 spaces
YEAR BUILT 2016
ASSESSMENT (17/18) $1,926,000
REAL ESTATE TAXES (17/18) $10,678
421A Tax Abatement through 6/30/27
PROPERTY DESCRIPTION-The Slate is a high-quality new-construction 29-unit mixed-use
condo building. The unit mix consists of 28 one-bedroom residential
units, several with terrace or balconies, and one commercial unit
operating as Walk-In GYN Care.
Building amenities include a gym, dog run, common outdoor area,
underground parking, rooftop deck, virtual doorman, wheelchair access,
and laundry room. The building is currently operating as a rental
building and is approved as a condominium. It will be delivered as a
fully operating condo at closing with 29 sponsor-owned condo units.
Slate is conveniently located just two short blocks west of the N W
subway trains at 31st Street / Astoria Boulevard. The Astoria Ferry is a
short walk away offering service through LIC, Roosevelt Island, 34th
Street, and Wall Street. Also in proximity is The Grand Central Parkway,
Brooklyn-Queens Expressway, and the RFK Bridge.
EXPENSES PER OWNERSHIP ESTIMATED
Real Estate Taxes $10,674
Water / Sewer $12,544
Insurance $12,500
Utilities common area / laundry / fire alarm $21,000
Repairs repairs / maintenance / supplies $5,000
Service Contracts elevator / fire alarm $13,760
Super projected @ $600 / unit $17,400
Management projected @ 3% / EGI $34,150
TOTAL $127,028
**********************************************************GROSS MONTHLY INCOME $94,395
**********************************************************GROSS ANNUAL INCOME $1,132,740
*************************************************ADDITIONAL INCOME (WALK-IN GYN): $5,592
********************************************************EFFECTIVE GROSS INCOME $1,138,332
*****************************************ANNUAL INCOME -GROSS ANNUAL INCOME $1,138,332
LESS EXPENSES $127,028
NET OPERATING INCOME $1,011,304
JIM TURANO/BROKER-DIVERSE REAL ESTATE 1-347-837-9206
