55-14 98th , New York, NY 11368

  • $1,649,000
  • $1,749,000
Active
55-14 98th , New York, NY 11368
  • $1,649,000
  • $1,749,000

Overview

Property ID: 814527
  • Quadruplex, Residential Income
  • Property Type
  • 13
  • Bedrooms
  • 7
  • Bathrooms
  • 1988
  • Year Built

Description

Come Check This Fantastic Investment Opportunity! This well-maintained residential building features **6 TOTAL** RENTAL Units, with one tenant confirmed to be moving out, providing immediate potential for rent increases or updates. The remaining tenants are on flexible month-to-month leases, Including one Section 8 rental, ensuring consistent Income. The property generates between $9,000 and $10,000 I monthly rental income, Including an additional $300 from the parking space In the front. The building layout consists of ONE unit In the basement, TWO on the 1st floor, ONE on the 2nd floor, and TWO on the 3rd floor. All together totaling 13 Bedrooms and 7 Bathrooms!
Conveniently located near the Long Island Expressway (I-495). This property Is perfectly situated for easy access to transportation and local amenities close by! Don’t miss this Incredible opportunity to add a high-performing asset to your portfolio!

Details

Updated on February 7, 2025 at 9:59 pm
  • Property ID: 814527
  • Price: $1,649,000
  • Bedrooms: 13
  • Bathrooms: 7
  • Garage Size: x x
  • Year Built: 1988
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Mortgage Calculator

$10,657.60
Monthly
  • Down Payment $329,800.00
  • Loan Amount $1,319,200.00
  • Monthly Mortgage Payment $7,909.27
  • Property Tax $2,748.33
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Jerry Wang
  • Jerry Wang