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68-20 Jay Ave

AKA Address 54-12 69th Street

5 Family & Bar/Commercial Space

Show Sheet

Rent Roll

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?

Co-broke welcome with %!

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5 West 37th St

12th Floor

New York NY 10018

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Alison M.

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"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."

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