68-20 Jay Ave
AKA Address 54-12 69th Street
5 Family & Bar/Commercial Space
68-20 Jay Ave - Maspeth Queens
Aka Address 54-12 69th Street
5.7% aprox cap rate
-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)
-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
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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5 West 37th St
New York NY 10018