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Legal 3 family on a large corner lot with extra land to the right which can be used as backyard space or further developed as a rental amenity (community garden,side porch,tiny home etc). First floor is split into two units,front and back,each rented,each 1BR/1BA,and second floor is a 3BR/1BA (vacant). Significantly under rented,rear unit is currently month to month at $700 (including garage which can be rented separately),front unit is rented at $900 (year lease,up at the end of August),and 2nd floor unit is vacant for possible owner occupant or investor to fill. Showings of second floor only for now,any offers can be contingent on seeing 1st floor units. Laundry in basement,split utilities,you are looking at approx. 8.19% cap rate if self-managed (proforma in docs).

Property Details of 359 2nd Avenue, Unit 3

Property Details

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Exterior Features

Utilities and Appliances

Community

Other Details

Map Location

Driving Directions

Listed by Samantha M Curry and Anik Paul of New Scotland Realty

Listing Sold by RE/MAX Platinum
 "Based on information submitted to NY_GCAR_FLEX as of May 20, 2022 10:38 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."
 
 

 

 

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