Rare opportunity to own a 6 family building with 5 free market units and lots of upside. Situated in a prime location right off Queens Blvd., and just steps away from the subway. Income: Unit 1F $1,600 *only unit that is a 1 bedroom Unit 1R $2,000 Unit 2F $1,800 (occupied by super) Unit 2R $2,250 Unit 3F $2,260 Unit 3R $1,936 (rent stabilized unit) 3 Parking spaces $225 each Total Annual Gross Income $150,252 * All of the apartments are 2 bedrooms except for 1F Expenses: Taxes $21,922 Insurance $3,400 Heating $9,500 Electrtic PLP $1,440 Water $4,080 Total Annual Expenses $40,342 Net Income $109,910

Listing courtesy of Compass Greater NY LLC john.constantinides@compass.com


Based on information submitted to the MLS GRID as of 2025-09-03 11:16 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.