Buy with Yoreevo
$1,269,100
List Price: $1,295,000
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1945 Gleason Avenue
House in Castle Hill •  building info
studio • 2,574ft² $503 per ft²
Buy with Yoreevo

$1,269,100

List Price

$1,295,000

Key Details
Days on market
104
Last price change
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Estimated payment
$8,642
Taxes
$1,275
Monthly maintenance
N/A
Description
Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.

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Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,295,000
Asking Price: $1,295,000
Term
30 Years
Down Payment
$129,000 (10%)
Min: 10% (129,000)
Rate
6.5 %
Mortgage Amount
$1,165,500
Mortgage Payment
$7,367
Taxes
$1,275
Estimated Yoreevo rebate
$25,900
Estimated closing cost
$47,000
Total monthly cost $8,642
Buy your dream home with us and get an estimated $25,900 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Keller Williams Realty NYC Grp

Information ©2024, 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.