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51-47 69th ST Woodside, NY 11377
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3408343
Sold Date 08/11/22
Style Two Story
Bedrooms 2
Full Baths 3
Half Baths 2
Originating Board onekey
Year Built 1931
Annual Tax Amount $6,502
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 25x100
Property Description
This 2,500 sq ft building is also sitting on a 2,500 sq ft lot. The building features 1 office or retail space on the ground floor. The first floor has a separate private office with its own bathroom. The second floor has 2 one-bedroom apartments (650 sq ft each). The lower level is finished with a bathroom and can be used for staff meetings/storage. Brand new central AC. Gut renovation in April 2018 with all new flooring throughout the building. Complete camera system and Alarm system in place. Office space consists of 1,250 sq ft. The lower level has 1,250 sq ft of storage space. 650 sq ft 1 bedroom apartments (2 one-bedrooms on the second floor). Very low yearly property tax of only $6,502. Walking distance to Q18 & Q47 bus lines and the 7 train. Potential gross income including office/retail space and the 2 apartments $88,800 a year. Cap rate 5%. Net income $74,800.
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Hot Water
Cooling Central Air
Fireplace Y
Exterior
Garage None
Parking Type None
Garage No
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Middle Schools Is 77
High Schools Newtown High School
School District Queens 24
Others
Senior Community No
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