Western Queens MultiFamily Portfolio with 108 Units
FOR SALE
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5 13 51st Avenue, Long Island City, NY 11101
3,600 SF
Square Feet
Property Description
Modern Spaces is pleased to present for sale The Western Queens Premier Collection
PORTFOLIO INFORMATION & HIGHLIGHTS
• 18 Walk-up Apartment Buildings with Excellent Transit Access
• 17 of 18 Buildings Beautifully Renovated
• 108 Total Units, 93 Free Market, 14 Rent Stabilized & 1 Retail
• 100% Protected Tax Class 2A
• 100% Occupancy
• Gross Income: $4,263,968
• Gross Income: $4,263,968
• Net Operating Income: $3,452,307
Perfect for a 1031 buyer, or an investor looking for immediate cash flow and high quality residential scale in one of the best parts of NYC.
For more information please contact Exclusive Brokers:
Evan Daniel
516-508-8189
Greg Kyroglou
917-916-6776
Property Details
Asset Type
MultiFamily
Neighborhood
Hunters Point
Submarket
Long Island City
ZIP
11101
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
$0
Cash-on-Cash Return
0.00%
Monthly Debt Service
$0
Annual Debt Service
$0
View on Map
5 13 51st Avenue, Long Island City, NY 11101
Address
5 13 51st Avenue
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Long Island City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
