Buy with Yoreevo
$1,355,850
List Price: $1,380,000
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126-01 18th Avenue
House in College Point •  building info
studio • 2,500ft² $552 per ft²
Buy with Yoreevo

$1,355,850

List Price

$1,380,000

Key Details
Days on market
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Last price change
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Estimated payment
$8,192/mo
Taxes
$746/mo
Maintenance
N/A
Description
Rare investment opportunity in the heart of College Point. This semi-detached all-brick mixed-use building sits on a 25x100 lot with a 25x40 building footprint and rare M1-2 zoning. This property is a high-yield asset. The first floor is occupied by a stable commercial tenant with options to deliver vacant or keep for immediate cash flow. The second and third floors are fully renovated and delivered vacant, featuring a 2-bedroom 1.5-bathroom unit and a spacious 3-bedroom 1.5-bathroom unit respectively. The entire building has been updated internally and externally, including unit ACs, 3 separate gas meters, 3 electric meters, and 3 independent heating and hot water systems for easy management. Additional features include a detached 2-car garage with expansion potential for a warehouse, a large backyard for extra parking, and a basement with a half-bath. Prime location just 3 minutes from local dining and the Q25 bus with direct access to Main St Flushing.

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Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$1,380,000
Asking Price: $1,380,000
Term
30 Years
Down Payment
$138,000 (10%)
Min: 10% (138,000)
Rate
6.0 %
Mortgage Amount
$1,242,000
Mortgage Payment
$7,446
Taxes
$746
Estimated Yoreevo rebate
$24,150
Estimated closing cost
$50,000
Total monthly cost $8,192
Buy your dream home with us and get an estimated $24,150 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of E Realty International Corp

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