70-02 & 70-04 65 Place, Glendale, NY 11385
sale
$2,400,000
|
Other
Courtesy Of TIP TOP REALTY MANAGEMENT CORP
RARE INVESTMENT OPPORTUNITY - TWO WELL-MAINTAINED 6-FAMILY BUILDINGS SOLD TOGETHER An exceptional opportunity to acquire two well-maintained 6-family apartment buildings being offered together as one investment package. The properties are in excellent condition and present a strong, income-producing asset for an investor seeking a stable multifamily investment. The combined properties generate approximately $200,000 in annual gross income and offer an approximately 5% capitalization rate. All apartments are currently occupied, providing immediate rental income and eliminating the need for a major lease-up or renovation program. Both buildings have been carefully maintained and are in excellent overall condition. This is a turnkey investment with established rental income and significant long-term potential. A rare opportunity to acquire a 12-unit multifamily portfolio in a single transaction. Properties like this, combining strong income, excellent condition, and full occupancy, are rarely available as a package. Serious and qualified investors are encouraged to inquire for additional financial and property information.
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Property Features
- Exterior Type: Brick
- Floors: 3
- MLSID: 11979668
- Roof Type: Flat
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 10
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 12
- Rooms: Bathroom 3
- Rooms: Bathroom 11
- Rooms: Bathroom 1
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