4543 47th St
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4543 47th St
6 Unit Block of Flats £930,491 (£155,082/Unit) 8.97% Net Initial Yield Flushing, NY 11377
EXECUTIVE SUMMARY
Investment Opportunity:
6-Family Property for Sale ************
Explore a lucrative investment opportunity with our 6-family property, now available for sale.
Situated in a thriving neighborhood, this well-maintained building promises consistent rental income and long-term stability, making it an ideal addition to your portfolio.
Property Features:
Six Units: Each unit ensures steady rental income with potential growth.
Spacious Layouts: Generously sized apartments offering comfortable living spaces for tenants.
Updated Kitchens and Bathrooms: Modern amenities to attract and retain tenants.
Solid Rental History: Proven track record of occupancy and rental payments.
Low Vacancy Rates: Demand-driven location with stable tenancy.
Opportunity to increase rents over time while maintaining compliance.
Well-Maintained Building: Regular upkeep and maintenance ensuring a hassle-free ownership experience.
Income Stability: Reliable cash flow from multiple rental units.
Just painted fresh all entire building and it is fresh and clean
This building has 6 residential units
- Five apartments 2 beds 1 bathroom
( first floor one apartment, second and third floor 2 apartments each floor)
- One apartment 1 bedroom 1 bathroom (first floor front)
- 3 parking garage
- 2 storage
- Brand new boiler ( gas)
- Brand new water heater
- The roof is in good condition.
Prime Location: Located in a family-friendly neighborhood with excellent schools, parks, and amenities nearby.
Thoughtful Design: Meticulously designed interiors with high ceilings, large windows, and tasteful decor.
Ample Storage: Plenty of storage space throughout the home, including closets and a spacious garage.
Energy-Efficient Features: Designed with sustainability in mind, minimizing utility costs and environmental impact.
Expansive Living Areas: Generous living and dining spaces perfect for gatherings and entertaining guests.
6-Family Property for Sale ************
Explore a lucrative investment opportunity with our 6-family property, now available for sale.
Situated in a thriving neighborhood, this well-maintained building promises consistent rental income and long-term stability, making it an ideal addition to your portfolio.
Property Features:
Six Units: Each unit ensures steady rental income with potential growth.
Spacious Layouts: Generously sized apartments offering comfortable living spaces for tenants.
Updated Kitchens and Bathrooms: Modern amenities to attract and retain tenants.
Solid Rental History: Proven track record of occupancy and rental payments.
Low Vacancy Rates: Demand-driven location with stable tenancy.
Opportunity to increase rents over time while maintaining compliance.
Well-Maintained Building: Regular upkeep and maintenance ensuring a hassle-free ownership experience.
Income Stability: Reliable cash flow from multiple rental units.
Just painted fresh all entire building and it is fresh and clean
This building has 6 residential units
- Five apartments 2 beds 1 bathroom
( first floor one apartment, second and third floor 2 apartments each floor)
- One apartment 1 bedroom 1 bathroom (first floor front)
- 3 parking garage
- 2 storage
- Brand new boiler ( gas)
- Brand new water heater
- The roof is in good condition.
Prime Location: Located in a family-friendly neighborhood with excellent schools, parks, and amenities nearby.
Thoughtful Design: Meticulously designed interiors with high ceilings, large windows, and tasteful decor.
Ample Storage: Plenty of storage space throughout the home, including closets and a spacious garage.
Energy-Efficient Features: Designed with sustainability in mind, minimizing utility costs and environmental impact.
Expansive Living Areas: Generous living and dining spaces perfect for gatherings and entertaining guests.
PROPERTY FACTS
| Price | £930,491 | Property Subtype | Apartment |
| Price Per Unit | £155,082 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Net Initial Yield | 8.97% | Lot Size | 0.06 AC |
| Sale Condition | 1031 Exchange | Building Size | 3,945 SF |
| No. Units | 6 | Number of Floors | 3 |
| Property Type | Multifamily | Year Built | 1928 |
| Price | £930,491 |
| Price Per Unit | £155,082 |
| Sale Type | Investment |
| Net Initial Yield | 8.97% |
| Sale Condition | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,945 SF |
| Number of Floors | 3 |
| Year Built | 1928 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (88)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 00151-0039 | Improvements Assessment | £117,568 |
| Land Assessment | £1,846 | Total Assessment | £119,414 |
PROPERTY TAXES
Parcel Number
00151-0039
Land Assessment
£1,846
Improvements Assessment
£117,568
Total Assessment
£119,414
ZONING
| Zoning Code | C4-2 (Regional commercial center located outside of the central business districts) |
| C4-2 (Regional commercial center located outside of the central business districts) |
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4543 47th St
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