Rare Opportunity - Fully Occupied 4-Unit Investment Property Don't miss your chance to own this well-maintained four-family building in a desirable neighborhood. This turn-key investment property offers an exceptional opportunity to generate consistent passive income. Featuring four spacious, well-appointed units, this building is currently 100% occupied with long-term tenants. Each unit boasts: - 2 bedrooms and1 bathroom, 3 Bedrooms and 1 bath, 1 bedroom and 1 bath, 1 bedroom and 1 bath. - Fully equipped kitchen with stainless steel appliances - Hardwood floors and plenty of natural light - Separate entrances and utility meters for privacy The property also includes: - one-car attached garage - Well-manicured yard with mature landscaping - Recent updates to roof, windows, and common areas - Off-street parking for residents With a proven track record of stable occupancy and positive cash flow, this four-family home provides an excellent return on your investment. The current rents are below market rate, offering opportunities to increase income through strategic tenant turnover. Situated on a quiet, tree-lined street, this building is just blocks away from the area's best dining, shopping, and entertainment. Easy access to public transportation makes it a highly desirable location for renters. Don't let this turn-key investment opportunity pass you by. Schedule your private showing today and take the first step toward building your real estate portfolio.
Property Details
Property Features
Property Information:
Year Built: 1978
Listing Office:
Office Name: Concrete Jungle NYC Realty
Office Phone: (347) 242-0937
Interior Features
Interior Information:
Basement: No
Flooring Type: Hardwood
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 7
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Attached, Private
Lot Features
Lot Information:
Lot: Corner Lot
Utilities
Utilities Information:
Heating: Natural Gas, Hot Water
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: take 79th to 153rd
Price Information
Listing Price Info
Price Summary:
List Price: $1,149,999
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Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $299.8K more than the Median Sold Price in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY2
MLS Number: #L3527601
Listing Office:
Office Name: Concrete Jungle NYC Realty
Office Phone: (347) 242-0937
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/22/2024, 7:11:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Our World Neighborhood Charter School 2
13525 79th St
Distance between this listing and this school0.44 miles
Public Charter Grades KG-4
4
/10
P.S. 224 Hale A. Woodruff School
755 Wortman Ave
Distance between this listing and this school0.54 miles
Public District Grades PK-5
5
/10
P.S. 214 Michael Friedsam School
2944 Pitkin Ave
Distance between this listing and this school0.87 miles
Public District Grades PK-5
Nearby Schools
6
/10
P.S. 232 Lindenwood School
15323 83rd St
Distance between this listing and this school0.25 miles
Public District Grades KG-8
5
/10
J.H.S. 202 R. H. Goddard
13830 Lafayette St
Distance between this listing and this school0.66 miles
Public District Grades 6-8
6
/10
Brooklyn Scholars Charter School
2635 Linden Blvd
Distance between this listing and this school0.68 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Robert H Goddard High School for Communication Arts and Technology
13830 Lafayette St
Distance between this listing and this school0.68 miles
Public District Grades 9-12
2
/10
School for Classics High School
370 Fountain Ave
Distance between this listing and this school1.06 miles
Public District Grades 9-12
4
/10
Academy for Young Writers
1065 Elton St
Distance between this listing and this school1.10 miles
The neighbors living near this home have an average income of $49,779. The majority of New York, NY residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 79-07 153rd Ave in Howard Beach, NY and zip code 11414 in the Southwestern Queens neighborhood. This home was built in 1978. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $1,149,999.
In November 2024 more than 220 listings in New York, NY were sold above the asking price. During the same period more than 769 listings were sold at asking price, while more than 758 were sold below. The inventory of homes for sale in New York, NY between October 2024 and November 2024 decreased by 7.2%. The median list price of listings available in November 2024 was $850,115, while the average time on the real estate market was 85 days.
From Rocket Homes Real Estate and based on county public records data.