85-03 57th Avenue, Unit A

Nassau Heights

$2,188,000
Price
9
Beds
7
Baths
5,560 Sq. Ft.
$394 / Sq. Ft.
5,560
Sq. Ft.
$394
per Sq. Ft.

Description

Exceptional Investment Opportunity in Elmhurst! Presenting a meticulously maintained 6 Family building featuring a rare 12-year tax abatement. With the added bonus of three parking spaces and an indoor garage, convenience is paramount. Currently fully occupied, this property yields a robust gross income of $140K, with expenses totaling just $16K. Ideal for savvy investors or those exploring a 1031 exchange, this property offers both stability and potential. Situated near restaurants, public transportation,...Exceptional Investment Opportunity in Elmhurst! Presenting a meticulously maintained 6 Family building featuring a rare 12-year tax abatement. With the added bonus of three parking spaces and an indoor garage, convenience is paramount. Currently fully occupied, this property yields a robust gross income of $140K, with expenses totaling just $16K. Ideal for savvy investors or those exploring a 1031 exchange, this property offers both stability and potential. Situated near restaurants, public transportation, and the bustling Queens Center Mall, it ensures convenience and attraction for tenants. Don't miss out on this prime opportunity to secure your investment future!
  1. Listed by Andy J Wu • CPRE Elite Inc
    P: 212-960-8787 C: 212-960-8787 andyjwu@gmail.com

Property Details for 85-03 57th Avenue, Unit A

Township
Queens
Architectural Style
Apartment
Zoning Description
R6
Garage Spaces
2.00
Section Area
Van Horn St

Location

Listing Courtesy of CPRE Elite Inc
Add your commute
LISTING UPDATED: 04/16/2024 09:28 PM

Property Details for 85-03 57th Avenue, Unit A

StatusActive
MLS ID3544353
Days on Market17
Taxes$1,922 / year
Maintenance-
Min. Down Pymt-
Total Rooms25.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2009
Lot Size2,000 SF / 20' x 100'
CountyQueens County

Building

85-03 57th Ave

6 Units4 StoriesBuilt in 2009

Location

Listing Courtesy of CPRE Elite Inc
Add your commute

Building Information for 85-03 57th Avenue, Unit A

Stories4Residences6Year Built2009Building Size20' x 50'Building Sq. Ft4,000 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$12,101 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,941

Property Taxes

$160

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 85-03 57th Avenue, Unit A

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 11
  • Directions: Google Maps
  • Tax Block: 2881
  • Tax Lot: 51
  • Property Attached: No
  • Structure Type: false
  • Property Condition: Excellent
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Queens 24
  • Elementary School District: Queens 24
  • Elementary School: Ps 102 Bayview
  • Middle Or Junior School District: Queens 24
  • Middle Or Junior School: Is 73 Frank Sansivieri Inter School
  • High School District: Queens 24
  • High School: Newtown High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Number Of 1 Bedrooms: 4
  • Number Of 2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Building Units Total: 6
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Additional
  • RoomDescription 1: 1 Bedroom Duplex with Basement
Room 2 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: 3 Bedroom apartment with 2 Full Bathroom
Room 3 Information
  • Room Level: Third
  • Room Type: Additional
  • Room Description: 1 Bedroom with balcony & 1 Bedroom with balcony
Room 4 Information
  • Room Level: Other
  • Room Type: Additional
  • Room Description: 1 Bedroom apartment and 2 Bedroom Duplex
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 02881-0051
  • Tax Map Number: 02881-0051
  • Included In Taxes: Sewer,Trash,Water
  • Tenant Pays: Cooking Gas,Electricity,Heat
Interior and Exterior Features
Interior Features
  • Amenities: Apartment, Public
  • Number Of Kitchens: 6.0
  • Total Rooms: 25
  • Living Area: 5560.0
  • Living Area Units: Square Feet
  • Basement: Full
  • Fireplaces Total: 0
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Private, Detached, 2 Car Detached, Garage
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Size Dimensions: 20x100
  • Building Area Units: Square Feet
Parking
  • Parking Features: Private, Detached, 2 Car Detached, Garage
  • Parking Total: 4.00
  • Attached Garage: No
  • Garage: Yes
Utilities
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Baseboard
  • Heat Fuel Type: Natural Gas, Baseboard
  • Number Of Heating Zones: 6
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 6
  • Garbage Removal: Private
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 6
Green Features
  • Green Features: Natural Gas, Baseboard

Property History for 85-03 57th Avenue, Unit A

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 85-03 57th Avenue, Unit A

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 102 Bayview
PublicPK to 8

Newtown High School
Public9 to 12

Maspeth High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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85-03 57th Avenue, Unit A is a multi-family home for sale in Nassau Heights. This property was listed for sale on April 12, 2024 by CPRE Elite Inc, it's currently listed at $2,188,000. This listing's school district is New York City Geographic District #24. Nearby schools include P.S. 102 Bayview, Is 73 The Frank Sansivieri Intermediate School and Newtown High School. 85-03 57th Avenue, Unit A is a 9-bed, 7-bath, 5,560 sqft multi-family home built in 2009.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CPRE Elite Inc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.