68-20 Jay Ave
AKA Address 54-12 69th Street
5 Family & Bar/Commercial Space
Property Details
68-20 Jay Ave - Maspeth Queens
Aka Address 54-12 69th Street
Asking $1,595,000
5.7% aprox cap rate
PPSF $361
-Owner will consider financing
-Income generating mixed use building
-5 Rental units: 3 one bedrooms & 2 two bedrooms
-1 Commercial/retail space with a Bar tenant in place over 50 years with great street frontage on 69th St.
-All free market rental units, with tenants in place (but easily delivered vacant if you want)
Property Highlights
-4,420sf building on 6,390sf lot
-Great rent roll w/easy potential for increases
-Well proportioned rental units with great layouts
-Bar has large outdoor space and is a neighborhood favorite
-Spacious very well maintained basement that can be used for tenant storage for additional income stream (currently not used)
-2 car drive way on Jay Ave side
-Low taxes
Property can be delivered partially or entirely vacant if desired
No C of O. Please contact for full details about the CO
Ready to finally own a unicorn and make money?
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TRAVIS CARROLL
5 West 37th St
12th Floor
New York NY 10018
Alison M.
"Travis was absolutely amazing...He remembers the little details.
Things you wouldn’t even think you needed. Taking into consideration everything from subway stops, laundry, pets, the period of the building, quiet closing cupboards... I could go on."