1368-1372 Clove Road
$1,799,888
6
4
5,148
5,148
$350
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Description
Attention Investors! Pick up this 6 united mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert...Attention Investors! Pick up this 6 united mixed use building at just under a 5% CAP rate! Basement is being utilized as office suites (legal as per NYS Dept of Buildings) First level was formerly comprised of 2 residential apartments (1-1 bedroom unit and 1-2 bedroom unit), which has been reconfigured as medical office space. Second level is comprised of 1 residential 2 bedroom unit potentially being used as office space and 1 residential 1 bedroom unit. Sellers have preliminary approval to convert 1st floor to community facility for medical office used. 3 of 6 units currently leased with 2% increases built in, Potential gross annual income is $156,000. Gross annual expenses $42,000. NOI is potentially $114,000. Located minutes from restaurants,express and local buses and shopping.
- Listed by Angelo Pappalardo • Century 21 Papp RealtyP: (646)-210-8265 C: (646)-210-8265 angelo.pappalardo@hotmail.com
Property Details for 1368-1372 Clove Road
Parking
Assigned, On Street
Area NameSunnyside
ZoningR3X
LISTING UPDATED: 12/02/2024 10:53 AM
Property Details for 1368-1372 Clove Road
Status | Active |
---|---|
MLS ID | 2402836 |
Days on Market | 221 |
Taxes | $20,360 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | - |
Compass Type | Multi-Family |
MLS Type | MultiFamily |
Year Built | 1964 |
Lot Size | 5,247 SF / 39' x 44' |
County | Richmond County |
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Building Information for 1368-1372 Clove Road
Stories3Residences4Year Built1964Lot Size5,247 SF / 39' x 44'Building Age-Building Type-
Property Information for 1368-1372 Clove Road
Property History for 1368-1372 Clove Road
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1368-1372 Clove Road
This home is within New York City Geographic District #31.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 12 |
Rating | School | Distance |
---|---|---|
P.S. 35 The Clove Valley School PublicK to 5 | ||
Is 27 Anning S Prall Public6 to 8 | ||
Curtis High School Public9 to 12 | ||
The Michael J Petrides School PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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