MultiFamily Income Property at 72 22 34th Avenue
$1,495,000
72 22 34th Avenue, Jackson Heights, NY 11372
4,770 SF
Square Feet
$313
PPSF
7.06%
CAP
Property Description
NOI
$105,525
Cap Rate
7.06%
The New York Multifamily team is pleased to offer 72-22 34th Avenue, a 6-unit Multifamily Property at Jackson Heights neighborhood for $1,575,000.
Property Details
Asset Type
MultiFamily
Year Built
1928
Zoning
R5
Lot Size
2,252 SF
Neighborhood
Jackson Heights
Submarket
Jackson Heights
ZIP
11372
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$167,416
Debt Service Coverage Ratio (DSCR)
1.97x
Cap Rate
11.20%
Cash Flow (Annual)
$82,371
Cash-on-Cash Return
22.04%
Monthly Debt Service
$7,087
Annual Debt Service
$85,045
View on Map
Address
72 22 34th Avenue
Log in to see street view
Get exclusive comps and insights by logging in - it's free!
Jackson Heights MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
