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9202 242nd St

3 Unit Block of Flats £1,024,911 (£341,637/Unit) 5.94% Net Initial Yield Bellerose, NY 11426

Investment Highlights

  • THREE LEGAL RENTABLE UNITS
  • 15 MINUTES TO JFK AND NEAR TO SCHOOLS,SHOPPING ,ETC.....
  • CORNER LOT

Executive Summary

GREAT INVESTMENT OPPORTUNITY, OR FOR OWNER USER.
EXCELLENT LOCATION CLOSE TO ALL.
THREE RENTABLE UNITS ALL WITH SEPERATE BOILER HEATING SYSTEM
MANY UPGRATES

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £71,101 £22.00
Other Income - -
Vacancy Loss £4,108 £1.27
Effective Gross Income £66,993 £20.73
Taxes £8,212 £2.54
Operating Expenses £158 £0.05
Total Expenses £8,370 £2.59
Net Operating Income £58,623 £18.14

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £71,101
Annual Per SF £22.00
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual £4,108
Annual Per SF £1.27
Effective Gross Income
Annual £66,993
Annual Per SF £20.73
Taxes
Annual £8,212
Annual Per SF £2.54
Operating Expenses
Annual £158
Annual Per SF £0.05
Total Expenses
Annual £8,370
Annual Per SF £2.59
Net Operating Income
Annual £58,623
Annual Per SF £18.14

Property Facts

Price £1,024,911 Apartment Style Low Rise
Price Per Unit £341,637 Building Class C
Sale Type Investment Lot Size 0.09 AC
Net Initial Yield 5.94% Building Size 3,232 SF
Sale Conditions 1031 Exchange Average Occupancy 100%
No. Units 3 Number of Floors 3
Property Type Residential Year Built/Renovated 1965/2023
Property Subtype
Apartment
  • Office Office Residential
Price £1,024,911
Price Per Unit £341,637
Sale Type Investment
Net Initial Yield 5.94%
Sale Conditions 1031 Exchange
No. Units 3
Property Type Residential
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.09 AC
Building Size 3,232 SF
Average Occupancy 100%
Number of Floors 3
Year Built/Renovated 1965/2023

Unit Amenities

  • Wooden Floors

Site Amenities

  • Gated

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+1 3 £2,091 700 - 3,200
1 of 1
Walk Score ®
Very Walkable (84)
Transit Score ®
Excellent Transit (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code R4 (LOW DENSITY RESIDENTIAL)
R4 (LOW DENSITY RESIDENTIAL)
(516) 263-2301

  • Listing ID: 34055223

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 9202 242nd St, Bellerose, NY 11426

The Residential Property at 9202 242nd St, Bellerose, NY 11426 is currently available For Sale. Contact WinZone Realty Inc. for more information.

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© 2024 CoStar Group

9202 242nd St
(516) 263-2301 x

9202 242nd St

Dino Vlaikos

(516) 263-2301

(516) 263-2301

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