82-76 116th Street, Kew Gardens, Queens | 30-Unit Multi-Family | $15,800,000

Home/Investment Sales/Exclusive Investment Sales/82-76 116th Street, Kew Gardens, Queens | 30-Unit Multi-Family | $15,800,000

82-76 116th Street, Kew Gardens, Queens | 30-Unit Multi-Family | $15,800,000

  • Description: Newly Constructed Elevatored 30-unit Multi-Family Building for Sale
  • Neighborhood: Kew Gardens
  • Lot Size: 6,285 SF (49.85′ X 122.21′)
  • Building Size: 30,327 SF (41.85′ X 77.22′)
  • Number of Stories: 8
  • Parking: Three dedicated parking spaces
  • Zoning: R7A
  • FAR:4.88
  • Cross Streets: Grosenor Road & Metropolitan Avenue
  • Year Built: 2019
  • Transportation: [E], [F], [J], [Z] subway lines and LIRR lines at Kew Gardens
  • Nearby Retailers: Starbucks, Baskin Robbins, Dunkin’ Donuts, Chase Bank, 7-Eleven, TD Bank, United States Postal Service and more
  • NOI: $798,664
  • CAP Rate: 5.05%
  • Asking Price: $15,800,000

Offering Memorandum

Details

  • The asset is a brand new 2019 constructed luxury elevatored multi-family building with top of the line amenities and nestled in the beautiful Forest Park
  • The building consists a total of 30,327 square feet with the net leasable of 21,596 square feet
  • The building consists of 30 units and 3 Dedicated Parking Spaces
  • Property runs near the [E,F,J,Z] Subway Lines and the LIRR line at the Kew Gardens stop
  • Price: $15,800,000

Additional Information

City

Queens

Neighborhood

Kew Gardens

Broker

Michelle Abramov, Yuriy Ustoyev

Map

 

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