Buy with Yoreevo
$1,695,400
List Price: $1,730,000
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22-08 120th Street
House in College Point •  building info
studio • 5,000ft² • $346 per ft²
Buy with Yoreevo

$1,695,400

List Price

$1,730,000

Key Details
Days on market
98
Last price change
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Estimated payment
$11,258/mo
Taxes
$1,417/mo
Maintenance
N/A
Description
Investment Opportunity in College Point: Detached Six-Family Residence with Recent Upgrades and Private Driveway. Presenting a detached six-family property in the College Point neighborhood of Queens. This income-producing asset features five recently renovated units, all six units with a functional railroad-style layout offering two bedrooms and one bathroom. All units boast hardwood floors, tiled kitchens, and fully tiled bathrooms, with abundant natural light streaming through numerous windows. The property also benefits from a new electrical system and a new roof. Benefit from a strong approximate 6% capitalization rate and the convenience of a private, fenced-in driveway with approximately 10 on-site parking spaces. and offers the potential for 2 - 3 vacant units upon closing. Residents will appreciate the property's proximity to the Flushing Point Marina and Skyline Sports Club, as well as easy access to transportation via the nearby Q65 MTA bus line. This is an exceptional opportunity for investors seeking a stable and upgraded multi-family building in a prime location.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,730,000
Asking Price: $1,730,000
Term
30 Years
Down Payment
$173,000 (10%)
Min: 10% (173,000)
Rate
6.5 %
Mortgage Amount
$1,557,000
Mortgage Payment
$9,841
Taxes
$1,417
Estimated Yoreevo rebate
$34,600
Estimated closing cost
$61,000
Total monthly cost $11,258
Buy your dream home with us and get an estimated $34,600 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of RE/MAX Edge

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