Log In/Sign Up
Your email has been sent.
36-52 35th St 30 Unit Apartment Building $6,349,760 CAD ($211,659 CAD/Unit) 6.20% Cap Rate Long Island City, NY 11106
INVESTMENT HIGHLIGHTS
- Situated between 36th Avenue and 37th Avenue, the building is ideally located for commuters and city dwellers alike.
- A prime investment opportunity!
- Motivated seller
EXECUTIVE SUMMARY
Unique Multi-Family Building – 30 Units
An exceptional investment opportunity featuring 30 rental units:
• 15 one-bedroom units
• 13 two-bedroom units
• 2 three-bedroom units
Most units have been fully renovated with upgraded interiors, while common areas are immaculately maintained. Each unit is separately metered for electricity and gas, and the building is equipped with efficient gas-powered heating and hot water.
The property is ideally located just minutes from the subway, surrounded by shops and restaurants, offering both convenience and strong tenant appeal. The building maintains a stable tenant base with a track record of on-time rent payments.
This asset offers a high rate of return and the option of owner financing.
Don’t miss out—schedule a viewing today!
An exceptional investment opportunity featuring 30 rental units:
• 15 one-bedroom units
• 13 two-bedroom units
• 2 three-bedroom units
Most units have been fully renovated with upgraded interiors, while common areas are immaculately maintained. Each unit is separately metered for electricity and gas, and the building is equipped with efficient gas-powered heating and hot water.
The property is ideally located just minutes from the subway, surrounded by shops and restaurants, offering both convenience and strong tenant appeal. The building maintains a stable tenant base with a track record of on-time rent payments.
This asset offers a high rate of return and the option of owner financing.
Don’t miss out—schedule a viewing today!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$749,604
|
$36.21
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$749,604
|
$36.21
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$355,977
|
$17.20
|
| Net Operating Income |
$393,627
|
$19.02
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $749,604 |
| Annual Per SF | $36.21 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $749,604 |
| Annual Per SF | $36.21 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $355,977 |
| Annual Per SF | $17.20 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $393,627 |
| Annual Per SF | $19.02 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Dishwasher
- Ceiling Fans
- Eat-in Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | - | 1 |
| 2+1 | 13 | - | 1 |
| 3+1 | 2 | - | 1 |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 00634-0057 | Improvements Assessment | $1,588,779 CAD (2025) |
| Land Assessment | $132,304 CAD (2025) | Total Assessment | $1,721,083 CAD (2025) |
PROPERTY TAXES
Parcel Number
00634-0057
Land Assessment
$132,304 CAD (2025)
Improvements Assessment
$1,588,779 CAD (2025)
Total Assessment
$1,721,083 CAD (2025)
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
36-52 35th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.