15 days on rocket

71-20 Central Avenue *, New York City, NY, 11385

$1,550,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths
House
Schools Nearby

Location

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71-20 Central Avenue *, New York$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingNone
MLS #RLMX-100218
StatusActive

About 71-20 Central Avenue *

Welcome to your next investment opportunity in Glendale, NY! This well-maintained corner brick building boasts a prime location and lucrative potential. Comprising five residential units along with a convenient 2-car garage, this property offers both versatility and convenience. Currently, apartment 1R stands vacant, presenting an immediate opportunity for occupancy or customization. With a potential net annual income of $103,200 upon rental of 1R, and a net income of $72,610, this investment promises substantial returns. The building features four one-bedroom apartments and one spacious three-bedroom unit, catering to a variety of tenant needs. Heating is provided by oil, ensuring comfort throughout the seasons. Located in proximity to Atlas Mall and just a stone's throw away from the express bus on 73rd and Myrtle, commuting into Manhattan is a breeze. Whether tenants seek urban amenities or suburban tranquility, this property offers the best of both worlds. Don't miss out on this exceptional opportunity to add a lucrative asset to your portfolio.<br><br><br><br><br><br>

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Crifasi Realty Associates Inc
  • Office Phone: (718) 821-5999
  • Listing Agent: Sal Crifasi
  • Agent Phone: (718) 821-5999

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Utilities

Utilities Information:

  • Heating: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

71-20 Central Avenue * vs New York

15 DAYS ON ROCKET

-81 Days

$1,550,000

+$700.8K More

KEY TAKEAWAY

This property is $700.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RLMX-100218

Listing Office:

  • Office Name: Crifasi Realty Associates Inc
  • Office Phone: (718) 821-5999
  • Listing Agent: Sal Crifasi
  • Agent Phone: (718) 821-5999

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/1/2024, 4:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6078121
4
/10

  • PS 88 Seneca

  • 6085 Catalpa Ave

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-6078122
5
/10

  • PS 68 Cambridge

  • 5909 Saint Felix Ave

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-6078123
5
/10

  • PS 91 Richard Arkwright

  • 6810 Central Ave

  • 0.51 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,102. Typical income of New York, NY residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 71-20 Central Avenue *

What is the listing price of this property?

The listing price of 71-20 Central Avenue * property is $1,550,000.

What type of property is this?

The property 71-20 Central Avenue * is a house located in New York City, New York, 11385.

Is this property for sale now?

Active Listing: 71-20 Central Avenue * is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 71-20 Central Avenue * has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The sq. ft. of 71-20 Central Avenue * is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 71-20 Central Avenue * is 1900.

Rocket Homes›New York›Queens County›New York›11385›71-20 Central Avenue *

This home is located at 71-20 Central Avenue * in New York City, NY and zip code 11385 in the Glendale neighborhood. This home was built in 1900. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,550,000.

While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. The number of homes for sale in New York, NY increased by 3.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $849,191, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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