48-20 48 Street - Map blueView Map

For Sale - Queens - Sunnyside

$1,649,000

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Property Details:

Price: $1,649,000

Estimated Annual Income: $109,642.44

Property Type: Multi-Family

Lot Dimensions (ft): 25.0 x 100.0

Lot Area: 2,500 sq. ft.

Building Dimensions (ft): 20.0 x 66.0

Building Area: 3,960 sq. ft.

Building:

Block/Lot: 02291/0036

BIN: 4053069

Building Class: C2

Stories: 3

Total Units: 6

Corner Lot: No

Buildings on Lot: 1

Year Built: 1928

Landmark: none

Has Garage: no

Year Last Altered: n/a

Residential Units: 6

Residential Area: 3960 sq. ft.

Zoning: R5

Floor Area Ratio:

Max FAR: 2.0

Useable Floor Area: 3,960 sq. ft.

FAR as Built: 1.58

Neighborhood:

Neighborhood: Sunnyside

Historic District: n/a

Community District: 402

School District: 24

Census Tract: 235

48-20 48 Street

Best investment in Sunnyside! this building contains 6 units. comprised of 5 two beds and 1 one bed! Newly pointed brick, Huge windows, and hardwood floors. Backyard can be made into parking. just 2 blocks from the 7 train at bliss street.! Quiet tree-lined block. email me or see below for a rent roll and building expenses. 48-20 48th street Info 2018 BUILDING HIGHLIGHTS Block / Lot: 2291 / 36 Lot Sq. Ft.: 2,500 SF (Approx.) Lot Dimensions: 25’ x 100’ (Approx.) Building Sq. Ft.: 3,960 SF (Approx.) Building Dimensions: 20’ x 66’ (Approx.) Stories: 3 Zoning: R5 Taxes: $12,050 (Approx.) UNIT STATUS TYPE LXP MONTHLY RENT ANNUAL 1F RS 1-Bedroom 06/30/18 $1035.00 $12,420.00 1R RS 2-Bedroom 05/31/18 $1,565.00 $18,780.00 2F RS 2-Bedroom 05/31/18 $1,435.00 $17,220.00 2R RS 2-Bedroom 05/31/18 $1,555.00 $18,660.00 3F RS 2-Bedroom 07/01/18 $1911.00 $22,942.44 3R RS 2-Bedroom 05/31/18 $1,635.00 $19,620.00 TOTAL $ 9136.87 month $109,642.44 year PROJECTED INCOME Basement Storage- $725 month—year 8700 2 parking spaces-$200 each, $400 month- year 4800 Year-$13,500 EXPENSES Real Estate Taxes (15/16): per dept. of finance $12,050.00 Water/Sewer: $6074 Insurance: per owner $3200 Heat (Gas): $2500 Electric (Common Area): $795 Repairs & Maintenance $1350 Total: $25,969.00 FINANCIAL SUMMARY Gross Annual Income: $123,142.44 Less Expenses: $ 25,969.00 Net Operating Income: $97,173.44

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