4 Units Mixed-Use Building in Prime Location 36-17 Greenpoint Ave Local commercial 297 m² 100 % Loué À vendre Long Island City, NY 11101 1 635 881 € (5 502,65 €/m²) Taux de capitalisation 5,59 %

The subject property is a Corner, Mixed-Use, 3.200 Square Feet Building including One Storfront, Used as a Restaurant and 3 Apartments.
The Apartment on the back of the First Floor, there is a Duples 2 Bedromms and 2 Bath Apartment with the Basement
On The Second Floor There is a 3 Bedroom and 2 Full Bath Apartment Plus a 2 Bedrooms, One Ffull BAth Apartment . All Apartments Pay for All their Utilities, including Gas, Heat and Electric. The building is located on the corner of Green Point Ave and off Hunter Point Ave, Short distance to Subway #7 Train on 34 St & Queens Blvd. Close to major Hiways and Long Island Expressway. There is a huge upside potential to raise the rents for all units.
Income is as follows: Restaurant has 4 more year lease $4382
First Floor, 2 Bedroom Duples $2,550
2nd Floor, 2 Beedroom Apartment $2,800
2nd Floor 3 Bedroom Apartment $2,750
Total Monthly Gross Income $12,482
Annual Gross Income $147,784
Insurance $2,500
Tax $40,000
Water $1000
Annual Net Income $106,284
Cap rate 5.59%