Buy with Yoreevo
$1,572,000
List Price: $1,600,000
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6361 110th Street
House in Forest Hills •  building info
studio • 4,939ft² $324 per ft²
Buy with Yoreevo

$1,572,000

List Price

$1,600,000

Key Details
Days on market
5
Last price change
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Estimated payment
$12,564/mo
Taxes
$3,698/mo
Maintenance
N/A
Description
Welcome to 6361 110th Street property located in the highly desirable Forest Hills neighborhood, this well-maintained six-family brick building presents a rare opportunity to acquire a fully rent-stabilized asset in one of Queens’ strongest rental markets. It consists of six rent-stabilized residential apartments and six on-site garages, providing both stable income and additional revenue potential. Apartment configuration includes: *two 2-bedroom apartments, *two larger 1-bedroom apartments and two smaller 1-bedroom apartments. The building is of solid brick construction, offering durability, low maintenance, and long-term value. The unit mix appeals to a wide range of tenants, supporting consistent occupancy. The presence of six garages is a significant amenity in Forest Hills, enhancing income. and tenant demand. Approximate yearly gross income close to $160,000 Situated on a residential block with convenient access to transportation, shopping, dining, and neighborhood amenities, this property represents a stable, long-term investment with upside through future rent growth and operational efficiencies.

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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
6.25 %
Mortgage Amount
$1,440,000
Mortgage Payment
$8,866
Taxes
$3,698
Estimated Yoreevo rebate
$28,000
Estimated closing cost
$57,000
Total monthly cost $12,564
Buy your dream home with us and get an estimated $28,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Trademarko Realty Inc

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