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118-16 91st Ave 30 Unit Apartment Building £4,096,455 (£136,548/Unit) 7.37% Net Initial Yield Richmond Hill, NY 11418
EXECUTIVE SUMMARY
Net Operating Income: $405,609
30 Residential Units
Cell Tower Income ($24,671 per Annum)
Laundry Income ($15,000 per Annum)
Rents Below Legal Rent
Nearby Access to J, Z & A Subway Lines
30 Residential Units
Cell Tower Income ($24,671 per Annum)
Laundry Income ($15,000 per Annum)
Rents Below Legal Rent
Nearby Access to J, Z & A Subway Lines
PROPERTY FACTS Under Offer
| Price | £4,096,455 | Apartment Style | Mid-Rise |
| Price Per Unit | £136,548 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 0.16 ac |
| Yield | 7.37% | Property Size | 21,000 sq ft |
| No. Units | 30 | No. Floors | 4 |
| Property Type | Build-to-Rent | Year Built | 1931 |
| Property Subtype | Apartment | ||
| Use Class | R4A - a low-density, contextual residential zoning district in New York City, | ||
| Price | £4,096,455 |
| Price Per Unit | £136,548 |
| Sale Type | Investment |
| Yield | 7.37% |
| No. Units | 30 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.16 ac |
| Property Size | 21,000 sq ft |
| No. Floors | 4 |
| Year Built | 1931 |
| Use Class | R4A - a low-density, contextual residential zoning district in New York City, |
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Walk Score®
Excellent pedestrian access (90)
Transit Score®
Excellent Public Transport (89)
PROPERTY TAXES
| Parcel Number | 09350-0006 | Improvements Assessment | £402,801 |
| Land Assessment | £93,846 | Total Assessment | £496,647 |
PROPERTY TAXES
Parcel Number
09350-0006
Land Assessment
£93,846
Improvements Assessment
£402,801
Total Assessment
£496,647
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118-16 91st Ave
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