112 38Ave, New York, NY

Name: 112 38Ave, For Sale in New York - Zoocasa
Brand: EXP Realty
SKU: 1050891
Price: 2680000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,680,000

1690

MLS® 1050891

Overview

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage

Taxes $1,120

Days Active 0

Lot Size

Approx. Age 2006

MLS® Number 1050891

Property Address: 112 38ave, New York, NY, 11368

Average square foot calculated using Size range provided by listing agent.

Description

Located approximately five minutes from the subway, this legal eight-family property offers strong rental income and excellent long-term investment potential. Property Highlights: Legal 8-family building, Solid brick construction, built in 2006 Four stories Approximately 6, 424 sq. ft. of building area Approximately 22 × 73 ft. building dimensions Approximately 25 ft. lot frontage Each apartment features approximately 2 bedrooms and 1 bathroom Approximately 16 bedrooms and 9 bathrooms in total Full finished basement Backyard parking for approximately four vehicles Approximately six years remaining on the property-tax abatement Current total rental income: approximately $235, 000 per year • Tenants pay all utilities and expenses • Easy-to-maintain all-brick construction • Approximately five minutes from the subway An excellent opportunity for long-term rental income, portfolio expansion, or a 1031 Exchange.

MLS® Number1050891

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2006

BasementFull

DrivewayParking Lot

Garage Spaces

HeatNatural Gas

A/CWall/Window Unit(s)

Extras

Map

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