Price Reduced 7.78%

$1,198,888

Est. Mortgage $6,221/mo *

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Price History

$1,299,999
2/1/2024

$1,239,999
3/4/2024

$1,198,888
4/9/2024

79-07 153rd Avenue, Howard Beach, NY, 11414

79-07 153rd Avenue, Howard Beach, NY, 11414
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18 rooms

7 beds

5 Full baths

1978

Two Story

Rare Opportunity - Fully Occupied 4-Unit Investment Property Don't miss your chance to own this well-maintained four-family building in a desirable neighborhood. This turn-key investment property offers an exceptional opportunity to generate consistent passive income. Featuring four spacious, well-appointed units, this building is currently 100% occupied with long-term tenants. Each unit boasts: - 2 bedrooms and1 bathroom, 3 Bedrooms and 1 bath, 1 bedroom and 1 bath, 1 bedroom and 1 bath. - Fully equipped kitchen with stainless steel appliances - Hardwood floors and plenty of natural light - Separate entrances and utility meters for privacy The property also includes: - one-car attached garage - Well-manicured yard with mature landscaping - Recent updates to roof, windows, and common areas - Off-street parking for residents With a proven track record of stable occupancy and positive cash flow, this four-family home provides an excellent return on your investment. The current rents are below market rate, offering opportunities to increase income through strategic tenant turnover. Situated on a quiet, tree-lined street, this building is just blocks away from the area's best dining, shopping, and entertainment. Easy access to public transportation makes it a highly desirable location for renters. Don't let this turn-key investment opportunity pass you by. Schedule your private showing today and take the first step toward building your real estate portfolio.

Status:

Active

Type:

Multi-family

Units:

4

Garage:

1-car Private, Attached, 1 Car Attached

Heating:

Natural Gas, Hot Water

Cooling:

Window Unit(s)

Basement:

None

Acreage:

0.17

Est. Taxes:

$20,424

Construction

Block, Brick

Lot Description:

Corner Lot

Middle School:

Jhs 202 Robert H Goddard

High School:

Hs For Con,Trades,Engineer And Arc

School District:

Community District 27

MLS #:

3527601

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Concrete Jungle NYC Realty 347-242-0937