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75-58 113th St
Forest Hills, NY 11375

Medical Property For Sale · 1 Unit

Investment Highlights

  • High Traffic Area
  • Private Backyard Use
  • Easy Access to Public Transportation
  • Newly Renovated

Executive Summary

Property is located two blocks away from Express E and Express F train of Union Turnpike or 75th Ave Stations.

PROPERTY FACTS

Unit Size 930 SF
No. Units 1
Total Building Size 7,076 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment or Owner User
Building Class C
Floors 5
Typical Floor Size 1,415 SF
Year Built 1989
Lot Size 0.08 AC

1 Unit Available

Unit C&D

Unit Size 930 SF
Condo Use Medical
Sale Type Investment or Owner User
Cap Rate 11.20%
NOI $50,310
APN/Parcel ID 02264-1312
Description

This sale consist of 2 condos, Units C & D.
This is the needle in the haystack that you've been looking for to generate income! No board approval, no hustle or application process! Two lower level mixed use Condos units with a fabulous outdoor space being sold as a package deal. Recently renovated, the entire floor can be yours for investment purposes; or if you're a business owner. This space is perfect for those in many industries such as beauty, medical, dental and media, amongst many others professions. Two separate deeds, low taxes and extremely low common charges.

Sale Notes

This sale consist of 2 condos, Units C & D.
This is the needle in the haystack that you've been looking for to generate income! No board approval, no hustle or application process! Two lower level mixed use Condos units with a private outdoor space being sold as a package deal. Recently renovated, the entire floor can be yours for investment purposes; or if you're a business owner. This space is perfect for those in many industries such as beauty, medical, dental and media, amongst many others professions. Two separate deeds, low taxes-$8,079 yearly per unit and low common charges of $260 each unit. Each Unit can be sold separately.

Entrance Way
Entrance Way
Kitchen
Kitchen
Another entrance point

+7 More

Bedroom
View Photo Entrance Way
View Photo Entrance Way
View Photo Kitchen
View Photo Kitchen
View Photo Another entrance point
View Photo Bedroom
View Photo Bedroom
View Photo Bedroom
View Photo Bedroom
View Photo Living Room
View Photo Restroom
View Photo Restroom

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen

zoning

Zoning Code R6 (Medium density residential district)
R6 (Medium density residential district)
  • Listing ID: 30783655

  • Date on Market: 1/25/2024

  • Last Updated:

  • Address: 75-58 113th St, Forest Hills, NY 11375

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