Rent Stabilized | 203 Willis Ave
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Rent Stabilized 203 Willis Ave
15 Unit Apartment Building $3,400,000 ($226,667/Unit) Mineola, NY 11501
Executive Summary
Expand your portfolio with this 15 unit multifamily apartment building, located on Willis Avenue in the heart of Mineola. This 3 story building was built in 1931 and boasts its unique charm throughout every facet of both the interior and exterior. With close proximity to schools, public transit and municipal parking, this building showcases convenience for tenants and guests. Hosting 15 units, this building is fully occupied and is well kept with a ground floor common area and a garden area in the rear of the building.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2022) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $3,400,000 | Building Class | B |
Price Per Unit | $226,667 | Lot Size | 0.12 AC |
Sale Type | Investment | Building Size | 14,250 SF |
No. Units | 15 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 1931 |
Apartment Style | Low Rise |
Price | $3,400,000 |
Price Per Unit | $226,667 |
Sale Type | Investment |
No. Units | 15 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 0.12 AC |
Building Size | 14,250 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 1931 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 15 | - | 325 - 650 |
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Walk Score ®
Very Walkable (88)
PROPERTY TAXES
Parcel Number | 2223-09-409-00-0460-0 | Improvements Assessment | $10,506 (2024) |
Land Assessment | $1,652 (2024) | Total Assessment | $12,158 (2024) |
PROPERTY TAXES
Parcel Number
2223-09-409-00-0460-0
Land Assessment
$1,652 (2024)
Improvements Assessment
$10,506 (2024)
Total Assessment
$12,158 (2024)
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Rent Stabilized | 203 Willis Ave
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