$1,600,000

6361 110th Street, Forest Hills, NY 11375

  • 4,625 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon4,940sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $346/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Welcome to 6361 110th Street property located in the highly desirable Forest Hills neighborhood, this well-maintained six-family brick building presents a rare opportunity to acquire a fully rent-stabilized asset in one of Queens’ strongest rental markets. It consists of six rent-stabilized residential apartments and six on-site garages, providing both stable income and additional revenue potential. Apartment configuration includes: *two 2-bedroom apartments, *two larger 1-bedroom apartments and two smaller 1-bedroom apartments. The building is of solid brick construction, offering durability, low maintenance, and long-term value. The unit mix appeals to a wide range of tenants, supporting consistent occupancy. The presence of six garages is a significant amenity in Forest Hills, enhancing income. and tenant demand. Approximate yearly gross income close to $160,000 Situated on a residential block with convenient access to transportation, shopping, dining, and neighborhood amenities, this property represents a stable, long-term investment with upside through future rent growth and operational efficiencies.

Listing Status:
Active
Listing Office:
Trademarko Realty Inc : 718-502-5141
MLS ID:
943315
  • Basement: Full
  • A/C: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Parking: Garage
  • Originating MLS: onekey2
  • County: Queens
  • Zoning: 02183-0008
  • Utilities: Electricity ConnectedNatural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Trademarko Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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