MLS#1027627
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens 25
Property Description
Excellent investment opportunity! Solid brick 9-family building with a cap rate of over 7% and stable rental income. Most units have been recently renovated, and the property features all-new electrical wiring. Ideally located just a 3-minute walk from the #7 subway station, providing convenient access to transportation and local amenities. All units are currently occupied on a month-to-month basis, offering flexibility for future owners. Building size: 20' x 80'.
Property Features
Property Type: Commercial -
Basement: Finished, Walk-Out Access
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.06 Acres
Taxes: $31,300
Year Built: 1931
Feature Descriptions
Building Area Total: 7600
Exterior: Brick
Lot Dimensions: 0
On Market Date: 2026-07-17
Parcel Number: 01616-0016
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 9
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: John Bowne High School
School District: Queens 25
Listed By / Shown By
Listing By
Agency Name: Billion Homes Realty Corp
Agency Phone: 718-516-5888
Shown By
Agency Title: River Realty Services, Inc.
Agency Phone: 845.564.2800
