DIVERSE REAL ESTATE: SEPTEMBER 22, 2018 BY JIM TURANO/BROKER DIV...

DIVERSE REAL ESTATE: SEPTEMBER 22, 2018        BY JIM TURANO/BROKER DIV...: SEPTEMBER 22, 2018        BY JIM TURANO/BROKER DIVERSE REAL ESTATE 4 PROPERTIES TO CONSIDER. ALL DIFFERENT STYLE PROPERTIES AT DIFFERENT...

SEPTEMBER 22, 2018        BY JIM TURANO/BROKER DIVERSE REAL ESTATE

4 PROPERTIES TO CONSIDER. ALL DIFFERENT STYLE PROPERTIES AT DIFFERENT PRICES. I AM GOING TO POST THE BOTTOM LINE SELLING /ACCEPTABLE PRICES TO ELIMINATE NON SERIOUS FROM SERIOUS BUYERS.

1) 15 UNIT SEMI-DETACHED BUILDING WITH CAR PORT, LOCATED OFF ELIOT AVENUE, AND 85 STREET IN MIDDLE VILLAGE,NY 11379. 15 TENANTS, NOW CHILDREN, NO HANG OUTS, NO SITTING ON THE STOOPS, LOUD MUSIC BLASTING. THESE ARE TENANTS WHO PUT UP TWO MONTHS SECURITY AND HAD TO HAVE A MINIMUM OF A 700 CREDIT SCORE TO RENT IN THIS BUILDING.
$261K INCOME. THERE ARE ELEVEN 3 RM. APARTMENTS AND 4 STUDIO'S
ASKING $3,750,000 OWNER WILL ACCEPT $3.5 MILLION 'AS IS'. THAT IS 13.4 TIMES INCOME
 
2) CORNELIA STREET OFF MYRTLE AVENUE-12 UNIT BUILDING BRICK
RIDGEWOOD-INCOME $191,598.72 YEARLY
NEW ROOF CONVERSION FROM OIL TO GAS
ASKING $3.5 MILLION
OWNER WOULD ACCEPT $3.1 MILLION (16X'S INCOME)

3)MIDDLE VILLAGE, NY- COMMERCIAL CONDO WITH SCHOOL AS ANCHOR TENANT-SINCE 1987 THEY HAVE 5 YEARS LEFT TILL 2023 AND HAVE TOLD US THEY WOULD SIGN ANOTHER 20 YEAR LEASE IF NEW OWNER WILL KEEP THEM. OWNER COLLECT $17,000 MONTHLY OR $202,000 YEARLY PLUS TENANTS PAY OWNER ANOTHER $40,000 TOWARD EXPENSES. TOTAL INCOME $242,000
ASKING PRICE $3.5 MILLION . OWNER WILL NOW CONSIDER NO LESS THAN $3.1 MILLION WHICH IS 12.8 X'S INCOME.

4) REDUCED. CORNER PROPERTY ON ELIOT AVENUE.  104'X 130'X 78.79'
TWO DRIVEWAYS WITH A DETACHED 12,000 SQ.FT. BUILDING CONSISTING OF TWO RESTAURANTS AND THREE OFFICES. PARKING LOT CAN FIT 25 CARS.
OWNERS RETIRING AND WILL SELL AND VACATE.
OPPORTUNITY FOR A SCHOOL, WITH PARKING AND PLAYGROUND.
ALSO GOOD FOR A FRANCHISE/ OR A BANK TENANT.
BUILDING SQUARE FT. 12,000(4,000 PER 3 FLOOR) MIDDLE VILLAGE,NY 11379
ASKING $4,750,000 FLEXIBLE-ALL SERIOUS OFFERS CONSIDERED.
POTENTIAL YEARLY INCOME IS ABOUT $30,000 MONTHLY TO $35,000 MONTHLY
OPPORTUNITY TO BUY AT 12.5 X'S INCOME HERE.
BOTTOM LINE $4.5 MILLION

 JIM TURANO/BROKER-1-347-837-9206 CELEBRATING 40 YEARS IN THE BUSINESS

SEPTEMBER 2018 BEST INFORMATIVE REAL ESTATE BLOGGER IN QUEENS,NY-JIM TURANO

EXPERIENCE MAKES A DIFFERENCE....................
CELEBRATING MY 40th YEAR IN BUSINESS
JIM TURANO/BROKER-DIVERSE REAL ESTATE
73-12 METROPOLITAN AVENUE, MIDDLE VILLAGE,NY 11379
CELL 1-347-837-9206

I am the author of thousands  of Real Estate article that help inform the public, whether selling their home, commercial building, or purchasing a home or executing a 1031 exchange.
Just google my name, and I will be a clear standout for the past 25 years in the Real Estate business.

Many local newspapers-copy and paste- http://www.queensledger.com/pages/home/push?article-Jim+Turano-The+most+informative+Real+Estate+Broker+in+Queens-NY%20&id=27286180

I have completed to date over 3,000 written appraisals on Homes and Commercial  Properties.
I have testified in New York State Supreme court as a deemed expert witness on appraising.
I am not your typical sales agent or Broker. My day begins at 6:30a.m. at the office doing all my ads for the day. I do work 7 days per week which Commercial or House agents do not.
I am an old fashioned worker, and believe to try and do my best for every client's Real Estate needs.
  
I am Community minded and have served the Community as past President of the Middle Village Kiwannis Club, the Glendale Middle Village Lions Business organization, and as Vice Commander of the Maspeth Veterans Organization, Luke J. Lang.

I served my Country from 1966 to 1968, and did a tour in Vietnam.

Hire the Best to represent you, your home, your commercial building, retail stores,etc.