72-34 45th Ave
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72-34 45th Ave
7 Unit Block of Flats £2,377,421 (£339,632/Unit) 5.38% Net Initial Yield Woodside, NY 11377
Executive Summary
Description: FREE MARKET RENT Prime location excellent condition 2008 Build fully detached 7 family, with 10 indoor-outdoor parking spots
Lot 50 x 121 lot. Building size 29 x 73.
Gross Income: $229,823
Net Income: $160,940
Price: $2,988,888
Note: We have buyers who want to purchase the 18 year old cell phone towers for $400,000, which would reduce the price for to $2,588,888 (6.3 cap)
A Prime location 8,000 SF 7 family on a 50 x 120 lot near main subway: 72-34 45 Ave, Woodside, NY, 11373
Building size 29 x 73.
Property video: https://youtu.be/e9QgNgCDLbo
Short walk to the main Queens subway line ( E-F-M-R-7) at Roosevelt Ave.
Q60 Bus to NYC is only 2 Blocks.
3 Major Highways (LIE, BQE, GCP) are all near by.
LaGuardia Airport is 5 minutes away via Grand Central Parkway
Queens Center is 5 minutes away.
Manhattan is 15 minutes away via Queens Blvd or Long Island Expressway.
One of the most convenient location.
Layout is:
Six 4 room apartments
One 2,000 SF 4 BR/2 Bath Apartment.
7 Outdoor parking spots
3 Indoor Parking spots.
Garage can be utilized as a warehouse
7 updated Boilers and 7 updated Water tanks.
Tenants pay own gas, electric and heating.
Cell phone towers on the roof.
Walk-up rubber roof
For more information contact
* Victor Weinberger of Re/Max Team, Inc
* 917-806-7040 (cell)
* 917-591-8000 (eFax)
* 718-429-4400 (office)
* Email: VWremax@gmail.com
*Email 2: VicLin@aol.com
* Web: http://www.VictorWeinberger.com
* 140,000+ agents / 8,000+ offices / 110+ countries
Lot 50 x 121 lot. Building size 29 x 73.
Gross Income: $229,823
Net Income: $160,940
Price: $2,988,888
Note: We have buyers who want to purchase the 18 year old cell phone towers for $400,000, which would reduce the price for to $2,588,888 (6.3 cap)
A Prime location 8,000 SF 7 family on a 50 x 120 lot near main subway: 72-34 45 Ave, Woodside, NY, 11373
Building size 29 x 73.
Property video: https://youtu.be/e9QgNgCDLbo
Short walk to the main Queens subway line ( E-F-M-R-7) at Roosevelt Ave.
Q60 Bus to NYC is only 2 Blocks.
3 Major Highways (LIE, BQE, GCP) are all near by.
LaGuardia Airport is 5 minutes away via Grand Central Parkway
Queens Center is 5 minutes away.
Manhattan is 15 minutes away via Queens Blvd or Long Island Expressway.
One of the most convenient location.
Layout is:
Six 4 room apartments
One 2,000 SF 4 BR/2 Bath Apartment.
7 Outdoor parking spots
3 Indoor Parking spots.
Garage can be utilized as a warehouse
7 updated Boilers and 7 updated Water tanks.
Tenants pay own gas, electric and heating.
Cell phone towers on the roof.
Walk-up rubber roof
For more information contact
* Victor Weinberger of Re/Max Team, Inc
* 917-806-7040 (cell)
* 917-591-8000 (eFax)
* 718-429-4400 (office)
* Email: VWremax@gmail.com
*Email 2: VicLin@aol.com
* Web: http://www.VictorWeinberger.com
* 140,000+ agents / 8,000+ offices / 110+ countries
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
£128,015
|
£16.07
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | £128,015 |
| Annual Per SF | £16.07 |
Property Facts
| Price | £2,377,421 | Apartment Style | Low Rise |
| Price Per Unit | £339,632 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Net Initial Yield | 5.38% | Building Size | 7,966 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 7 | Number of Floors | 3 |
| Property Type | Residential | Year Built/Renovated | 2006/2020 |
| Property Subtype | Apartment | Parking Ratio | 1.13/1,000 SF |
| Price | £2,377,421 |
| Price Per Unit | £339,632 |
| Sale Type | Investment |
| Net Initial Yield | 5.38% |
| Sale Conditions | 1031 Exchange |
| No. Units | 7 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 7,966 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built/Renovated | 2006/2020 |
| Parking Ratio | 1.13/1,000 SF |
Unit Amenities
- Air Conditioning
- Grill
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 650 |
| 4+2 | 1 | - | 2,000 |
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Walk Score ®
Very Walkable (82)
Transit Score ®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 01352-0075 | Improvements Assessment | £397,008 (2024) |
| Land Assessment | £13,047 (2024) | Total Assessment | £410,055 (2024) |
PROPERTY TAXES
Parcel Number
01352-0075
Land Assessment
£13,047 (2024)
Improvements Assessment
£397,008 (2024)
Total Assessment
£410,055 (2024)
zoning
| Zoning Code | R5 |
| R5 |
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72-34 45th Ave
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