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