Legal 3 Family, Good Property to own live in one apartment and rent the other two or keep as investment. PROJECTION:FLOOR-1 TWO BEDROOMS $2,500 Mo.FLOOR-2 THREE BEDROOMS $3,500 Mo. FLOOR-3 THREE BEDROOMS $3,500 Mo.Tot. Year inclome: $114,000Tot. Year Expense: $17,000 (taxes, Ins., Heat) NOI: $97,000 Yr. (Net)appx. 8% Cap rateLease and resell for new value with a 5% Cap rate for $1,940,000 -- Retun profit of $699,000 within 6 months to 1 year.The information has ben provided by the seller and has not been verified bythe Broker. Information is deemed reliable but not guaaranteed.
Listing By
Agency Name: Voro LLC
Agency Contact: 917-385-2992
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 3,652.37 per month $2,781.96 Principal & Interest $505.83 Property Tax $364.58 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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1409 Pinson | MLS# 1024932
This multi-family property located at 1409 Pinson, Far Rockaway, NY 11691 is currently listed for sale with an asking price of $1,250,000. Pinson is located within the Queens 27 school district. Search Far Rockaway real estate on www.coldwellbankerchoice.com today.