Buy with Yoreevo
$1,568,000
List Price: $1,600,000
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8272 88th Lane
House in Glendale •  building info
8bd • 7ba • 2,521ft² $635 per ft²
Buy with Yoreevo

$1,568,000

List Price

$1,600,000

Key Details
Days on market
26
Last price change
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Estimated payment
$9,883/mo
Taxes
$781/mo
Maintenance
N/A
Description
**TRUE 4 FAMILY THAT WILL BE DELIVERED VACANT!** OVERSIZED BUILDING ON A DEAD-END BLOCK FACING FOREST PARK! 8 BEDROOMS AND 7 BATHROOMS! Welcome to this **RARELY AVAILABLE 4 FAMILY INCOME PRODUCER! **Building Size: 25ft x 62ft** **Lot Size: 25ft x 100.83ft** **LOW ANNUAL TAXES: $9,376.76** Your FRONT DOOR IS JUST STEPS FROM FOREST PARK! Nestled on a quiet dead-end block, this home provides peaceful surroundings while remaining incredibly convenient for tenants. The building is **3 QUARTERS RENOVATED**, giving you the best of both worlds: immediate rental income plus value-add potential. -Units 1L, 1R, and 2R have been fully transformed into BOXED 2 BEDROOM / 2 FULL BATH APARTMENTS, each featuring **BRAND NEW kitchens, bathrooms, flooring**, and more — they’re **RENT-READY**! -Unit 2L is a 2 Beds/1 Bath Railroad Style (still needs Reno). *New siding and refreshed hallways give the entire building a modern, clean look. This building calls to future tenants! **RENTERS LOVE:** * Direct views of **Forest Park — just half a block away!** * Easy access to the **Q11, Q21, and Q55 buses** * Just a **15-minute walk to the Woodhaven J/Z subway line** **INVESTORS LOVE:** *4 VACANT Units** allow for immediate rental or owner occupancy * Strong potential for an impressive **rent roll** — this is a true **income-producing property** *Other Key Details: * Built in 1931 * Frame Construction * Building: 25ft X 62ft * Lot: 25ft X 100.83ft *Zoning: R4-1 *Taxes: $9,376.76

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,600,000
Asking Price: $1,600,000
Term
30 Years
Down Payment
$160,000 (10%)
Min: 10% (160,000)
Rate
6.5 %
Mortgage Amount
$1,440,000
Mortgage Payment
$9,102
Taxes
$781
Estimated Yoreevo rebate
$32,000
Estimated closing cost
$57,000
Total monthly cost $9,883
Buy your dream home with us and get an estimated $32,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of BLT Minimax Realty Inc

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