Welcome to 164-14 81st Ave, Fresh Meadows — a fully occupied, income-producing single-family property offering $7,600/month in current rental income and an attractive real real 7.8% cap rate based on the current asking price.
The property generates $91,200 in annual gross rental income, with approximately $6,450 in annual property taxes and… Read More $2,000 in annual insurance expenses. Electricity, Water, Landscaping are paid directly by the tenant, helping keep the owner’s operating expenses low.
This well-maintained 5-bedroom home features a spacious first floor with a living room, eat-in kitchen, one bedroom, and full bathroom. The second floor and attic offers four additional bedrooms. The full basement includes a second full bathroom and provides flexible space for recreation, storage, or other permitted uses.
Additional features include a private driveway and one-car garage. Conveniently located near St. John’s University, with strong rental demand and access to local transportation, shopping, dining, and neighborhood amenities.
A strong opportunity for investors seeking an income-producing residential asset in Fresh Meadows with substantial current rental income and favorable operating expenses. Read Less
Listing Courtesy of S10 Realty Group LLC, 646-286-0219.
Listing Snapshot
Days Online
105
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
2
Square Ft.
1,088
Lot Size
0.06 Acres
Year Built
1920
Property Tax
$6,370
MLS Number
1033418
Additional Details
Appliances & Equipment
Gas Cooktop, Gas Oven
Basement
Finished
Building
Built in 1920, Living area: 1088, Construction Materials: Frame
The data relating to real estate for sale on this website comes courtesy of ONEKEY as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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