Marcus & Millichap - Tri Borough Multi-Family

6112 162nd Street

6112 162nd Street
, Queens

info heading

info content

Price: $880,000
Building Size: 4,500 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

The subject property is a brick three-story 4-unit multi-family apartment building consisting of (2) one-bedroom apartments, (1) two-bedroom apartment and (1) three-bedroom apartment, as well as a full basement. The property is built 25 ft x 60 ft and sits on a 40 ft x 100 ft lot with approximately 4,500 gross square feet. The property is zoned R4 (Block: 6757 Lot: 37).

The property also features a driveway with a garage and there are three parking spaces behind the property. The garage is currently vacant. All utilities, including heat are separately metered and paid by the tenants. The property is ideally located on the service road of the Long Island Expressway at the South East corner of 162nd Street and Horace Harding Expressway.

This property offers investors the opportunity to capitalize on the strong residential market occurring in the Fresh Meadows section of Queens, New York as an investor or user.