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$1,568,000
List Price: $1,600,000
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8801 107th Street
House in Richmond Hill •  building info
11bd • 6ba • 3,000ft² $533 per ft²
Buy with Yoreevo

$1,568,000

List Price

$1,600,000

Key Details
Listed today
Last price change
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Estimated payment
$11,311/mo
Taxes
$2,209/mo
Maintenance
N/A
Description
**FINALLY ALL RENTALS ARE VACANT!!** VACANT 6 FAMILY READY FOR DEREGULATION! MAKE ME FREE MARKET! THE WHITE WHALE IN REAL ESTATE! HELLO INVESTORS! We have a Once In A Long Time Opportunity for Easy Investment Income IN A 80 FOOT LONG BUILDING! This is a VACANT 6 FAMILY BUILDING THAT CAN BECOME FREE MARKET WITH RENOVATIONS!! CURRENTLY A BOXED LAYOUT OF (5) 2 BEDS AND (1) OVERSIZED 1 BED! HOWEVER, THE LAYOUT AND SIZE OFFERS AN EASY 3 BED CONVERSION...THAT WOULD BE (6) 3 BEDS! About 1,840 SQFT per floor (Building Size is 23 BY 80). 80 FEET LONG - Location, Location, Location… a 3 Block Walk Distance to FOREST PARK! - SITUATED IN BETWEEN the J/Z Subway, Multiple Buses, and Anything a Renter Desires. - Surrounded by eateries and night time entertainment! - and ONLY a 3 Minute Walk to the Subway (J/Z Line) Built in 1930, 8801 107 Street is a MASSIVE 11 Bedroom/ 6 Bathroom MultiFamily Located in the Heart on the BORDER of Woodhaven and Richmond Hill! This 6 Family Home is R3-1 Zoning. This is a Desirable place to call home for many of your potential renters because of the convenience to the City, the Parks, and the Shops and Eateries that run along almost all of its busy streets! In a neighborhood where everyone walks or rides a bike, is a Renters Top Pick…which makes MONEY for a savvy investor familiar with deregulating a property like this with DHCR. Building Layout: First Floor: (1) 1-Bedroom BOXED unit AND (1) 2-Bedroom BOXED Unit with Eat-in Kitchen Floor Two: (2) 2-Bedroom BOXED Units with Eat-in Kitchens Floor Three: (2) 2-Bedroom BOXED Units with Eat-in Kitchens ROOF IS A WALK OUT AND IS IN EXCELLENT CONDITION! Other Fantastic Details that make this your next purchase : Lot: 30 BY 100 Building: 23 BY 80 Building Class: Walk Up LOCATED IN A RENTERS HAVEN Tall Ceilings Taxes: $26,510.88 GREAT FOR AN END USER AS WELL AS INVESTOR.

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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
$2,209
Estimated Yoreevo rebate
$32,000
Estimated closing cost
$57,000
Total monthly cost $11,311
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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