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.
Property Details
Property Features
Property Information:
Architectural Style: Two Story
Year Built: 1978
Listing Office:
Office Name: Concrete Jungle NYC Realty
Office Phone: (347) 242-0937
Interior Features
Interior Information:
Basement: No
Flooring Type: Hardwood
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 7
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Private, Attached, 1 Car Attached
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: Window Unit(s)
Other
Directions Information:
Directions: take 79th to 153rd
Price Information
Listing Price Info
Price Summary:
List Price: $1,198,888
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Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $349.6K 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: ONEKEY
MLS Number: #3527601
Listing Office:
Office Name: Concrete Jungle NYC Realty
Office Phone: (347) 242-0937
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. 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: 5/2/2024, 10:11:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
PS 224 Hale A Woodruff
755 Wortman Ave
Distance between this listing and this school0.56 miles
Public District Grades PK-5
6
/10
PS 214 Michael Friedsam
2944 Pitkin Ave
Distance between this listing and this school0.87 miles
Public District Grades PK-5
7
/10
PS 63 Old South
9015 Sutter Ave
Distance between this listing and this school0.94 miles
Public District Grades KG-5
Nearby Schools
7
/10
PS 232 Lindenwood
15323 83rd St
Distance between this listing and this school0.25 miles
Public District Grades KG-8
6
/10
Jr High School 202 Robert H Goddard
13830 Lafayette St
Distance between this listing and this school0.66 miles
Public District Grades 6-8
6
/10
Brooklyn Scholars Charter School
2635 Linden Blvd
Distance between this listing and this school0.68 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Robert H Goddard High School for Communication Arts and Technology
13830 Lafayette St
Distance between this listing and this school0.66 miles
Public District Grades 9-12
2
/10
School For Classics: An Academy-Township
370 Fountain Ave
Distance between this listing and this school1.05 miles
Public District Grades 9-12
4
/10
Academy For Young Writers
1065 Elton St
Distance between this listing and this school1.11 miles
The neighbors living near this home have an average income of $49,779. Most New York, NY residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 79-07 153rd Ave in Howard Beach, NY and zip code 11414 in the Southwestern Queens neighborhood. This home, which was built in 1978, sits on a 0.17 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $1,198,888.
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 inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. Listings spent 96 days on the market in April 2024, and had a median list price of $849,191 during the same period.
From Rocket Homes Real Estate and based on county public records data.