87-32 114th St Active Save Request In-Person Tour Request Virtual Tour
Richmond Hill,NY 11418
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY818056
Year Built 1930
Annual Tax Amount $22,660
Property Sub-Type Multi Family
Property Description
The semi-detached 6-family brick building in the heart of Richmond Hill offers an excellent investment opportunity. With a lot size of 25x100 and a building size of 20x80, it provides a total living area of 4,800 sqft. The property includes six units: five 2-bedroom, 1-bathroom apartments, and one 1-bedroom, 1-bathroom unit. Located just two blocks from the 111th Street train station (J & Z trains) and near Richmond Hill High School, it offers convenient access to transportation and local amenities. With a cap rate over 5%, this property is ideal for investors seeking a high-return investment in a prime location.
Location
State NY
County Queens
Interior
Heating Oil
Cooling Wall/Window Unit(s)
Exterior
Utilities Available Electricity Available
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 90 Horace Mann
Middle Schools Ms 137 America'S School-Heroes
High Schools Richmond Hill High School
School District Queens 27
Others
Special Listing Condition None