Buy with Yoreevo
$1,567,020
List Price: $1,599,000
Share Listing
Save Listing
8640 123rd Street
House in Kew Gardens •  building info
studio • 3,578ft² $447 per ft²
Buy with Yoreevo

$1,567,020

List Price

$1,599,000

Key Details
Days on market
29
Last price change
loading...
Estimated payment
$11,158/mo
Taxes
$2,062/mo
Maintenance
N/A
Description
Exceptional 6 unit investment in prime Richmond Hill. This rent-stabilized six unit multifamily features six 2-bedroom and 1 bath apartments. The rooms are large and spacious. The roof is less than a year old and in excellent condition. All tenants are current with their rent, generating $107,000 plus annual income. Updated electricity and plumbing. This property offers a rare chance with a strong cash flow and significant long-term appreciation potential. Situated near schools, shopping and transportation.

Hide full description

Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,599,000
Asking Price: $1,599,000
Term
30 Years
Down Payment
$159,000 (10%)
Min: 10% (159,000)
Rate
6.5 %
Mortgage Amount
$1,439,100
Mortgage Payment
$9,096
Taxes
$2,062
Estimated Yoreevo rebate
$31,980
Estimated closing cost
$57,000
Total monthly cost $11,158
Buy your dream home with us and get an estimated $31,980 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of North East Queens Realty Corp

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.