20-61 49th Street
Description
Est. Annual Insurance: $4,631.85. Est. Annual Electric: $2,734. Gross Expenses: $46,210. Available Units: 6. Gross Income:...Attention Investors - Free market rents - 6 Family Semi-Detached Brick Home with Private Driveway in Astoria Heights. Building is only 17 years old. Great investment opportunity. Excellent location. Lot: 40'x105'. Building: 32'x53'. Lot Sq Ft: 4,200. Building Sq Ft: 5,088. Zoning: C2. Built: 2005. Total of 28 rooms, 11 Bedrooms, 6 Full Baths. Est. Annual Water/Sewer: $2,743.63
Est. Annual Insurance: $4,631.85. Est. Annual Electric: $2,734. Gross Expenses: $46,210. Available Units: 6. Gross Income: $155,880 NOI: $109,690.30. Est. Annual Taxes: $36,000. The taxes may be high - But most of the rental income is below market value - good upside. Take advantage of a fantastic building built second to none - Submit all offers - tenants can stay and pay market rents . Separate hot water heaters - beautiful /clean & building.
- Listed by Vincent Blandino • MadisonEstates Sothebys Realty • 2 Spaces,Other
Amenities
- Driveway
- Parking Included
- Private Outdoor Space
Property Details for 20-61 49th Street
| Status | Active |
|---|---|
| MLS ID | 469111 |
| Days on Market | 768 |
| Taxes | $36,000 / year |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 28.0 |
| Compass Type | Multi Family |
| MLS Type | Residential |
| Year Built | 2005 |
| Lot Size | 4,200 SF |
| County | Queens County |
Building Information for 20-61 49th Street
Property Information for 20-61 49th Street
- Block: 756
- Cross Street Name: 20th Avenue
- Cross Street Name: 21st Avenue
- Zoning: C2
- Roof: Flat
- Residential Features: None
- Parking Attributes: 2 Spaces, Other
- Parking Feature Single: Private Drive
- Financing: Bank Mortgage, Cash
- Tax Amount: 36000.0
- Gross Expense: 46209.7
- Gross Income: $144,900.00
- Cap Rate: .04%
- Lot Dimensions: 42 by 105
- Sq Ft Total: 5088
- Yard: Back, Side
- Lot Number: 6
- Lot Size Irregular YN: Yes
- Lot Size Length: 105
- Lot Size Width: 40
- Heat Delivery: Baseboard
- Heating Fuel: Gas
- AC Units: 0
- Hot Water: Gas
- Utility Expense: 2734.22
- Fuel Expense: 0.0
- Basement Amenities: Other
- Baths Three Quarter: 0.0
- Total Rooms: 28
- Foundation Details: Poured Concrete
- Flooring: Hardwood
- Unit Count: 6
- Building Amenities: NONE
- Number Of Available Units: 6
- Construction Materials: Brick
- Electric: 220 V
- Exterior: Brick
- Handicap Access YNU: Yes
- Building Footprint Sq Ft: 1696.0
- Building Length: 53.0
- Building Type: Semi-Detached
- Building Width: 32.0
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 0.0
- Unit Baths Total: 1
- Unit Bedrooms Total: 1
- Unit Category: Apt
- Unit Current Rent: 1600.0
- Unit Features: None
- Unit Floor: 1F
- Unit Number Of Units: 6
- Unit Rooms Total: 3
- Unit Status: No Lease
- Unit Unit Type: 1 Bedroom
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 0.0
- Unit Baths Total: 1
- Unit Bedrooms Total: 2
- Unit Category: Apt
- Unit Current Rent: 2500.0
- Unit Features: None
- Unit Floor: 1R
- Unit Rooms Total: 5
- Unit Status: No Lease
- Unit Unit Type: 2 Bedrooms
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 0
- Unit Baths Total: 1
- Unit Bedrooms Total: 2
- Unit Category: Apt
- Unit Current Rent: 1890.0
- Unit Floor: 2F
- Unit Rooms Total: true
- Unit Status: No Lease
- Unit Unit Type: 2 Bedrooms
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 0
- Unit Baths Total: 1
- Unit Bedrooms Total: 2
- Unit Category: Apt
- Unit Current Rent: 2700.0
- Unit Floor: 2R
- Unit Rooms Total: true
- Unit Status: No Lease
- Unit Unit Type: 2 Bedrooms
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 0
- Unit Baths Total: 1
- Unit Bedrooms Total: 2
- Unit Category: Apt
- Unit Current Rent: 2000.0
- Unit Floor: 3F
- Unit Rooms Total: true
- Unit Status: No Lease
- Unit Unit Type: 2 Bedrooms
- Unit Baths Full: 1
- Unit Baths Half: 0.0
- Unit Baths Three Quarter: 0
- Unit Baths Total: 1
- Unit Bedrooms Total: 2
- Unit Category: Apt
- Unit Current Rent: 2300.0
- Unit Floor: 3R
- Unit Rooms Total: true
- Unit Status: No Lease
- Unit Unit Type: 2 Bedrooms
- Net Operating Income: 98690.3
- Sale Type: Arm's Length
- Insurance Expense: 4631.85
- Owner Occupied: No
Property History for 20-61 49th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 20-61 49th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 3 |
Rating | School | Distance |
|---|---|---|
P.S. 2 Alfred Zimberg PublicPK to 5 | ||
Is 141 The Steinway Public6 to 8 | ||
William Cullen Bryant High School Public9 to 12 | ||
Hector Figueroa School (The) PublicPK to 3 |
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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Listing Courtesy of MadisonEstates Sothebys Realty
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