11 units with 2 stores building

Cap Rate  7.94%

Sale condition 1031 Exchange

Units 11

Property type Multifamily

Building Size 5.509 SF

Average Occupancy 100%

Year Built/renovated 1910/2010

The property is a mixed-use building in the heart of Richmond Hill, Queens

The building consist of four floors above grade plus a lower level and totals approximately 5,520 square feet of above grade space.

There are 2 commercial units one that is on a month to month lease and one with a lease expiring in February of 2026.

9 occupied Rent Stabilized residential units. The property sits on a 2,300 square foot corner lot and is zoned R6A with a C2-3 commercial overlay.

1+1 9 units

Studios 2