Courtesy: Tapestry Real Estate of Queens
718-460-1943
Excellent Investment Opportunity or Ideal for End-Users! Perfect paying long time tenants Current income of $5,800/month with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family homes in its price range. The spacious first-floor apartment offers approximately 1,250 sq. ft. of living space, including large rooms throughout. It features a living room, formal dining room, huge eat-in kitchen, master bedroom with an en suite bath, two additional bedrooms, and a full bath. The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8') and a separate exterior entrance via a wide side staircase, with its own heating zone and baseboard heat. Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more. Excellent appearance Separate hot boilers and domestic water heaters for each unit
Courtesy: Tapestry Real Estate of Queens
718-460-1943
Hey, the present income is $5,800.00. The owner pays Taxes and cold water "ONLY". Your future income will likely be much higher. It is ideal for investors or future "End Users". APPROX. 5.5 CAP RATE! Arguably Best "Legal" Two Family in its price point...Entry level 1st fl. Apt. HUGE approx. 1250 sq. ft. All Very Large rooms! LR, FDR, HUGE E.I.Kit, MBR w. en suite bath, two other bedrooms, and a full bath. The 2nd floor is "out of control Large." The basement is finished with approx. 8' ceiling height! A w-i-d-e side staircase exterior entrance, separate zone baseboard heat. It's ideal for investment... Straight Investor,1031 Exchange, etc... The location provides Easy Bus transportation, Blocks to "The New POST Ave LIRR Station! Approx. 41 minutes to Penn or Grand Central Station, the ability to stroll to diverse shopping, stores, and restaurants. And so much more...
Westbury is located in New York. Westbury, New York has a population of 15,772. Westbury is less family-centric than the surrounding county with 30.56% of the households containing married families with children. The county average for households married with children is 35.86%.
The median household income in Westbury, New York is $114,863. The median household income for the surrounding county is $126,576 compared to the national median of $69,021. The median age of people living in Westbury is 42.8 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 44.3 inches per year, with 22.6 inches of snow per year.
