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Apartments For Sale • 5,712 SF
| Excellent Light & Air: Side and rear air shafts provide units with substantial light and air, allowing for efficient unit layouts. |
| Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years. |
| Great Retail Nearby: Close proximity to the Utica Avenue and Church Avenue retail corridors. |
| Parking / Curb Cut: Driveway allows for two parking spots, offering the potential for additional revenue. |
| Return / Basis: Opportunity for an investor to pick up a cash flowing asset at a low basis for over a 7.25% cap rate. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 6 min | - | 2.8 mi |
| Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 9 min | - | 3.4 mi |
| Airport | Drive | Walk | Distance |
| John F Kennedy International | 17 min | - | 10.1 mi |
| LaGuardia | 25 min | - | 11.1 mi |
| Newark Liberty International | 36 min | - | 20.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
