Courtesy of: Marek Sobolewski, Trademarko Realty Inc, marek@trademarkorealty.com
Courtesy of: Marek Sobolewski, Trademarko Realty Inc, marek@trademarkorealty.com
$1,600,000
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Lot: 0.11 Acres
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Other
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$1,600,000
6361 110th Street Welcome to 6361 110th Street property located in the highly desirable Forest Hills neighborhood, this well-maintained six-family brick building presents a rare opportunity to acquire a fully rent-stabilized asset in one of Queens' strongest rental markets. It consists of six rent-stabilized residential apartments and six on-site garages, providing both stable income and additional revenue potential. Apartment configuration includes: *two 2-bedroom apartments, *two larger 1-bedroom apartments and two smaller 1-bedroom apartments. The building is of solid brick construction, offering durability, low maintenance, and long-term value. The unit mix appeals to a wide range of tenants, supporting consistent occupancy. The presence of six garages is a significant amenity in Forest Hills, enhancing income. and tenant demand. Approximate yearly gross income close to $160, 000 Situated on a residential block with convenient access to transportation, shopping, dining, and neighborhood amenities, this property represents a stable, long-term investment with upside through future rent growth and operational efficiencies.
Courtesy of: Marek Sobolewski, Trademarko Realty Inc, marek@trademarkorealty.com
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