Apartment building, New York, USA

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Apartment building, New York, USA

$16,790,000
$7,856 /m²
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  • Total area
    2,137 m²
  • Yield
    4.0%
  • Built in 
    2018
Details
Property parameters
  • 7-floor building
Financial performance
  • Annual income: $569,149
Tenants
  • Occupancy: 90%

New apartment building with commercial premises on the ground and the first floors.

Description

The building consists of 19 residential units and commercial premises on the first two floors.

The property includes storage units, a bike room, a fitness room and a laundry room.

Equipment

  • heated floors
  • balconies

Financial performance

The cost of the property is 16,790,000 $.

The projected annual income is 672,200 $.

The projected yield is 4.0%.

Location and nearby infrastructure

The property is located in the business district of one of New York's largest districts, Queens.

The area is connected to the rest of New York by metro lines, railroad and car bridges.

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