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MultiFamily Property at 47 02 Greenpoint Avenue Listed

MultiFamily Property at 47 02 Greenpoint Avenue Listed
FOR SALE
View more

$3,600,000

47 02 Greenpoint Avenue, Sunnyside, NY 11104

4,113 SF

Square Feet

$875

PPSF

5

Units

700.0K

PPU

6.20%

CAP

Property Description

Units

5 — PPU: 700.0K

NOI

$223,200

Cap Rate

6.20%

The New York Multifamily team is pleased to offer 47-02 Greenpoint Avenue, a 5-unit Multifamily Property in the Sunnyside neighborhood for $3,600,000.


Property Details

Asset Type

MultiFamily

Year Built

1931

Zoning

R6A, C1-4

Lot Size

2,380 SF

Neighborhood

Woodside

Submarket

Sunnyside

ZIP

11104

Listing Type

sale

Net Operating Income (NOI)

$354,107

Debt Service Coverage Ratio (DSCR)

1.73x

Cap Rate

9.84%

Cash Flow (Annual)

$149,317

Cash-on-Cash Return

16.59%

Monthly Debt Service

$17,066

Annual Debt Service

$204,790

View on Map

Address

47 02 Greenpoint Avenue

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Sunnyside MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Shaun Riney
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Shaun Riney

Senior Managing Director of Investments

378 closed

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David Cornejo

David Cornejo

Associate Director

17 closed

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Send a Message

Shaun Riney
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Shaun Riney

Senior Managing Director of Investments

378 closed

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Sean Fopeano

Sean Fopeano

Licensed Real Estate Salesperson

30 closed

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David Cornejo

David Cornejo

Associate Director

17 closed

Call