$3,300,000 Price Analysis   ♡   Richmond Hill, NY 11419 24 bed 16 bath unknown SqFt ($0/SqFt) Built 1931 Listed 2024-06-14, Taxes $47,184 | Ⓧ USDA Ineligible due to price & location near New York |
The subject property is a 11
500-sf building consisting of 16 residential units at 101-66 125th Street in the Richmond Hill neighborhood of Que ens. The current owner has owned the property for over 40 years. The building has updated plumbing and electrical, gas boiler with two 100- gallon hot water heaters and new gas meter bars. The property consists of (8) 1 bedrooms and (8) 2 bedrooms.
The average rent per unit for a 1 bedroom is $1, 510 and $1, 707 for 2 bedroom units. Most of the current rents being charged are preferential rents. A new investor has the opportunity to increase rents to the legal rent amounts registered with DHCR when existing tenants vacate. This well-maintained multifamily building represents a cmpelling investment opportunity within a well-connected and desirable locale.
Presented by Matthew Barbaccia at
Brix Real Estate Advisors.
Property MLS #11289274 from MyStateMLS
Association Fee Amenities: South Richmond Hill
Calculated Total Monthly Association Fees: 0
County: 36081
Availability Date: 2024-06-05
Source Property Type: Multi-Unit (5+)
Area: Queens
Source Neighborhood: Queens
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $334,800 + $64,800 $399,600 | $47,184 |
| 2021 | $285,750 + $64,800 $350,550 | $43,002 |
| 2020 | $335,700 + $64,800 $400,500 | $47,720 |
| 2019 | $326,700 + $64,800 $391,500 | $46,833 |
| 2018 | $369,900 + $16,200 $386,100 | $45,130 |
| 2017 | $356,400 + $16,200 $372,600 | $43,270 |
| 2016 | $346,050 + $16,200 $362,250 | $41,329 |
| 2015 | $328,050 + $16,200 $344,250 | $38,402 |
| 2014 | $307,800 + $16,200 $324,000 | $35,310 |
| 2013 | $281,700 + $16,200 $297,900 | $35,779 |
| 2011 | $258,300 + $16,200 $274,500 | $33,349 |
| 2010 | $247,438 + $10,692 $258,130 | $30,090 |
| 2009 | $243,955 + $9,315 $253,270 | $32,999 |
| 2007 | $248,535 + $9,315 $257,850 | $25,066 |
$3,300,000
MyStateMLS
Listing removed 2012-12-31
$1,225
OneKeyMLS
Listed for rent 2012-09-06
$1,225
OneKeyMLS
Property Age: 93
Levels or Stories: 4
Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.