CrezlyOff-Market Offering

8-Unit Multifamily in Midwood

$3,400,000

Multifamily · 8 units · 29 SF

Asking Price
$3,400,000
Cap Rate
5.6%
NOI
$186,000
Price / SF
$118,230
Building SF
29
Units
8
Asset Type
Multifamily

Investment Highlights

Midwood, 8 Family (brick, fully detached) 8,400 sq ft on 28x110 ft lot, R5. Four stories, fully FM, 2 and 3 BR units, $240K EGI. Fully occupied, normal sale. Owners duplex significantly below market rent. - Taxes- $42K -Insurance- $8K - Water/Sewer- $3K -Electric- $1200 (only for common area) All Tenants pay for their own heat, cooling and hot water. Eight family FULLY FREE MARKET.
Andre Kaufman
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/midwood-8-family-fully-free-market/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.