7102 34th Ave
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7102 34th Ave
6 Unit Apartment Building $1,550,000 ($258,333/Unit) 4.52% Cap Rate Jackson Heights, NY 11372
Investment Highlights
- Long-Term Owners.
- Long-Term Tenants & No Arrears - Rent Stabilized.
- Well-Maintained.
Executive Summary
Excellently Maintained Brick Six-Family in Jackson Heights. Rent Stabilized, Fully Occupied and No Arrears.
Financial Summary (Actual - 2024) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,550,000 | Apartment Style | Low Rise |
| Price Per Unit | $258,333 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 4,770 SF |
| Cap Rate | 4.52% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment |
| Price | $1,550,000 |
| Price Per Unit | $258,333 |
| Sale Type | Investment |
| Cap Rate | 4.52% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 0.07 AC |
| Building Size | 4,770 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1929 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,440 | - |
| 2+1 | 3 | $1,602 | - |
1 of 1
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 01258-0002 | Total Assessment | $195,771 |
| Land Assessment | $3,527 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $192,244 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
01258-0002
Land Assessment
$3,527
Improvements Assessment
$192,244
Total Assessment
$195,771
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | R5 (High Density Residential.) |
| R5 (High Density Residential.) |
-
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7102 34th Ave
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