66-40 Grand Ave, Maspeth, NY 11378 · 2019-03-18 · [email protected] 35-20 bell blvd, bayside,...
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Property Highlights: • Prime location in the heart of Maspeth. • Quarter Block from Long Island Expressway • Heavy daytime foot traffic and car traffic approximate 25,000 cars daily • Dry Cleaner lease ends in 2020. • It’s been fully occupied currently, residential tenants are paying month-to-month basis, and it can be vacated. • Below market value rent, giving buyers room to increase rental income in the future • Busy retail corridor surrounded by Dunkin’s Donuts, Key food, Chase Bank, McDonald’s, Maspeth Market Place,CVS, Postal Office, Dollar Tree, and more. 6640 Grand Ave, Maspeth, NY 11378 Asking: $1,388,000 Property Features Block-lot 02774-0031 Building size See picture below Building Sq. Ft. About 3600 Sq. Ft. Lot size 30 x 100 (irr) Lot Sq. Ft. Less than 3000 Sq. Ft. Zonig R5, C1-2 Taxes (2018) $14,182 Current Rent $8,170 Eric Li 917-865-6537 [email protected] 35-20 Bell Blvd, Bayside, NY 11361 Min Yoon 917-280-3366 [email protected] 35-20 Bell Blvd, Bayside, NY 11361 NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. Property Description: 6640 Grand Ave is conveniently located in the heart of Maspeth business corridor. There is tons of car and foot traffic daily. The house is actually bigger than what the public record shows. House need TLC, and sell as is. Zhenwu Li 917-865-6539 [email protected] 35-20 Bell Blvd, Bayside, NY 11361 Income (Monthly) Current Projected Dryer Cleaner $3,670 $4,000 2 Front (1 bed) $1,500 $1,600 2 Back.(1 bed) $1,500 $1,600 3 Fl. (3 bed) $1,500 $2,200 Total $8,170 $9,400 Expense (Yearly) Taxes $14,182 Water $2,400 Electric $2,100 Heating $5,600 insurance $3,000 Total $27,282
Transcript of 66-40 Grand Ave, Maspeth, NY 11378 · 2019-03-18 · [email protected] 35-20 bell blvd, bayside,...
Property Highlights: • Prime location in the heart of Maspeth. • Quarter Block from Long Island Expressway • Heavy daytime foot traffic and car traffic
approximate 25,000 cars daily • Dry Cleaner lease ends in 2020. • It’s been fully occupied currently, residential
tenants are paying month-to-month basis, and it can be vacated.
• Below market value rent, giving buyers room to increase rental income in the future
• Busy retail corridor surrounded by Dunkin’s Donuts, Key food, Chase Bank, McDonald’s, Maspeth Market Place,CVS, Postal Office, Dollar Tree, and more.
6640 Grand Ave, Maspeth, NY 11378Asking: $1,388,000
Property Features
Block-lot 02774-0031
Building size See picture below
Building Sq. Ft. About 3600 Sq. Ft.
Lot size 30 x 100 (irr)
Lot Sq. Ft. Less than 3000 Sq. Ft.
Zonig R5, C1-2
Taxes (2018) $14,182
Current Rent $8,170
Eric Li 917-865-6537 [email protected] 35-20 Bell Blvd, Bayside, NY 11361
Min Yoon 917-280-3366 [email protected] 35-20 Bell Blvd, Bayside, NY 11361
NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.
Property Description: 6640 Grand Ave is conveniently located in the heart of Maspeth business corridor. There is tons of car and foot traffic daily. The house is actually bigger than what the public record shows. House need TLC, and sell as is.
Zhenwu Li 917-865-6539 [email protected] 35-20 Bell Blvd, Bayside, NY 11361
Income (Monthly)Current Projected
Dryer Cleaner $3,670 $4,000
2 Front (1 bed) $1,500 $1,600
2 Back.(1 bed) $1,500 $1,600
3 Fl. (3 bed) $1,500 $2,200
Total $8,170 $9,400
Expense (Yearly)Taxes $14,182
Water $2,400
Electric $2,100
Heating $5,600
insurance $3,000
Total $27,282
6640 Grand Ave, Maspeth, NY 11378Asking: $1,388,000
Zhenwu Li 917-876-6539 [email protected] 35-20 Bell Blvd, Bayside, NY 11361
Min Yoon 917-280-3366 [email protected] 35-20 Bell Blvd, Bayside, NY 11361
Eric Li 917-876-6537 [email protected] 35-20 Bell Blvd, Bayside, NY 11361
