$350,000/mo

150 Burns St Apt 1D, New York City, NY 11375

1 bed |
1 bath

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1932
—— sqft lot
—— car garage
$——/sqft
Listed 1 day ago

Property Description

-Currently, we are unable to show in person as the current tenant moves out, but photos and floorplan show the unit in its current condition.- Residence #1D at 150 Burns Street presents a compelling opportunity to create a custom one-bedroom home in the heart of Forest Hills. Located on the first floor, this approximately 609-square-foot residence offers a well-balanced layout with a separate dining area, spacious living room, and a generously sized bedroom. The apartment is in original condition and ready for a full renovation, providing the next owner with the ability to design and finish the space to their exact specifications. A defined foyer, multiple closets, and a windowed kitchen further enhance the functionality and flexibility of the layout. Currently occupied by a rent-stabilized tenant paying $871.56 per month, the unit offers a unique transition opportunity. The tenant has already purchased another apartment within the building and is awaiting a closing date, at which point they are expected to vacate-allowing for future delivery as a free-market residence. 150 Burns Street is a well-maintained cooperative offering a live-in superintendent, on-site laundry, storage (as available), and professionally managed common areas. Ideally situated in Forest Hills, the building is moments from neighborhood shopping, dining, and multiple transportation options, including the E/F/M/R subway lines and the LIRR. A rare chance to acquire a value-driven property with clear upside in one of Queens' most established residential neighborhoods. -Monthly Carrying Costs -Base maintenance: $1,436.70 -Assessment: $438.81 ends December 2027 -Storage $100.00 -Bundle Cable/Internet: $65.00 -Total monthly: $2,040.51 -Assessment is for improvements including facade and waterproofing project and increased gas charges. Ends December 2027