90 Old Quogue Rd
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90 Old Quogue Rd
10 Unit Apartment Building $1,400,000 ($140,000/Unit) 7.76% Cap Rate Riverhead, NY 11901
Investment Highlights
- 2 Multi Use Adjacent Lots, 2 Houses On One, A House And Auto Repair On The Second Lot.
Executive Summary
Unique Investor Opportunity, Two Multi Use Adjacent Lots, Two Houses On One Lot, #94 & #92. One House And An Auto Repair Garage On The Other, #90 & 90A. Square Footage Of Both Lots Total 27,007. Tenants In Place. Currant Rent Roll For 2024 $121,600.00 Which Is Below Market Value. Total Taxes For Both $6362.00 This Is A Real Money Maker. See Attachments For Additional Information. PLEASE DRIVE BY FIRST AND DO NOT DISTURB THE TENANTS. Proof Of Funds Or Financing Must Be Sent Prior To Any Showings. This Is Strictly An "AS IS" Transaction. All Information Deemed Accurate, But Must Be Verified By Agent/Buyer. 2% Peconic Tax Applies. No Home Will Be Delivered Vacant. New Roof on #90 2 Year Roof On 92 & 94.
Financial Summary (Actual - 2023) 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 |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) 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 | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Unit Amenities
- Storage Space
- Kitchen
- Yard
- Basement
Site Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+3 | 10 | $2,750 | - |
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PROPERTY TAXES
| Parcel Number | 0900-139-00-03-00-035-000 | Total Assessment | $185,500 |
| Land Assessment | $43,400 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $142,100 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
0900-139-00-03-00-035-000
Land Assessment
$43,400
Improvements Assessment
$142,100
Total Assessment
$185,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | Multi Use (Multi Residence, Residence And Commercial.) |
| Multi Use (Multi Residence, Residence And Commercial.) |
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90 Old Quogue Rd
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