23-08 44th Drive$3,500,000
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23-08 44th Drive
House in Hunters Point •  building info
studio • 2,242ft² $1,561 per ft²
Sold price

$3,500,000

Key Details
Days on market
239
Last price change
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Estimated payment
$19,910
Taxes
$0
Monthly maintenance
N/A
Description
Calling All Investors, Developers & End-Users!!! 6.64 Cap 4 Unit, 3,630 Sqft. Building For Sale!!! The Property Is Situated On A 2,242 Sqft. That's Zoned C5-3 (High Bulk Commercial District) Commercial FAR: 15.0 (33,630 Sqft. Buildable When 10,000 Sqft. Lot Or Larger)!!! Note: All Commercial Uses Are Exempt From Parking Requirements The Building Features Amazing Zoning, Excellent Location, Great Signage, +++!!! The Building Can Be Delivered 100% Vacant If Need Be All Tenants Are Month-Month Income: 4 Br Apartment: $36k Ann. M-M 4 Br Apartment: $36k Ann. M-M 2nd Floor Office: $72k Ann. M-M 1st Floor Deli: $156k Ann. M-M Gross Income: $300,000 Taxes: $38,269 Insurance: $3,300 Electric: $0 Gas: $0 Maintenance & Repairs: $250 Water: $0 Total Exp.: $41,819 Net Operating Income (NOI): $258,181 (6.64 Cap!!!)

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Building Amenities
Fios Available
History
What it'll cost
Purchase price
$3,500,000
Asking Price: $3,500,000
Term
30 Years
Down Payment
$350,000 (10%)
Min: 10% (350,000)
Rate
6.5 %
Mortgage Amount
$3,150,000
Mortgage Payment
$19,910
Taxes
$0
Estimated closing cost
$134,000
Total monthly cost $19,910
Listing Courtesy of All Island Estates Realty Corp

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