| ID # | 952818 |
| Details | 3 fam, 5 bed, 6 bath, garage, Lot Size: 0.06 acres, 4 Units in the building (DOM): -4 days |
| Construction Year | 1960 |
| Taxes (per year) | $8,112 |
| Fuel Type | Electric |
| Heat type | Electric |
| Basement | Full basement |
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**Investor Alert! Rare 4-Unit Cash-Flow Opportunity with 2-Family Taxes**
Turnkey semi-detached brick **4-unit** property with **4 separate electric meters**, offering strong in-place income and upside potential. Currently configured as:
• 2BR / 1.5BA
• 2BR / 1.5BA
• 1BR / 1BA
• Studio / 1BA
All units feature **10-foot ceilings**, enhancing light, volume, and rental appeal.
**Current rent roll: $7,500/month**, with immediate upside—vacant **1BR can be rented for approx. $1,700/month**, increasing NOI. As currently constituted, property delivers a **7.2% going-in cap rate**.
Major investor advantage: **Own a 4-unit building while paying 2-family taxes**.
Additional highlights include **1-car garage + driveway parking**, **outdoor jacuzzi**, and **electric heat**. Prime location near **Edgewater Park**, close to public and private schools, with excellent transportation—local and express bus service nearby and **highway access allowing approx. 5-minute drive to Queens, NY**.
Ideal for investors seeking **strong cash flow, tax efficiency, and long-term appreciation** in a high-demand rental corridor. A rare find—don’t miss it. © 2025 OneKey™ MLS, LLC







