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40-21 69th St 5 Unit Apartment Building $2,950,561 CAD ($590,112 CAD/Unit) 5.01% Cap Rate Flushing, NY 11377
Executive Summary
THIS IS MIX-USE BUILDING WITH 1 COMMERCIAL & 5 RESIDENTIAL (TWO STUDIO, TWO ONE BED, ONE 3BED).
4TH FLOOR WITH 6 UNITS. LOT 1,701SF, B/D TOTAL 4,160 SF. THE BUILDING IS FULLY RENTED, TENANT PAY OWN UTILITIES.
GROSS INCOME IS $162,914/YR.
VERY WELL MAINTAINED PROPERTY, PRIME LOCATION.
CLOSE 69ST,ROOSEVELT AVE-JACKSON HEIGHTS STATION.
PERFECT FOR INVESTOR.
FOR MORE DETAILS, COULD YOU CALL OR TEXT L/B THOMAS)646-812-7452
4TH FLOOR WITH 6 UNITS. LOT 1,701SF, B/D TOTAL 4,160 SF. THE BUILDING IS FULLY RENTED, TENANT PAY OWN UTILITIES.
GROSS INCOME IS $162,914/YR.
VERY WELL MAINTAINED PROPERTY, PRIME LOCATION.
CLOSE 69ST,ROOSEVELT AVE-JACKSON HEIGHTS STATION.
PERFECT FOR INVESTOR.
FOR MORE DETAILS, COULD YOU CALL OR TEXT L/B THOMAS)646-812-7452
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$225,689
|
$51.29
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$225,689
|
$51.29
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$77,864
|
$17.70
|
| Net Operating Income |
$147,824
|
$33.60
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $225,689 |
| Annual Per SF | $51.29 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $225,689 |
| Annual Per SF | $51.29 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $77,864 |
| Annual Per SF | $17.70 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $147,824 |
| Annual Per SF | $33.60 |
Property Facts
| Price | $2,950,561 CAD | Property Subtype | Apartment |
| Price Per Unit | $590,112 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.01% | Lot Size | 0.04 AC |
| Sale Condition | Building in Shell Condition | Building Size | 4,400 SF |
| No. Units | 5 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2006 |
| Zoning | R5D | ||
| Price | $2,950,561 CAD |
| Price Per Unit | $590,112 CAD |
| Sale Type | Investment |
| Cap Rate | 5.01% |
| Sale Condition | Building in Shell Condition |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,400 SF |
| No. Stories | 4 |
| Year Built | 2006 |
| Zoning | R5D |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01301-0026 | Improvements Assessment | $289,429 CAD |
| Land Assessment | $108,567 CAD | Total Assessment | $397,995 CAD |
Property Taxes
Parcel Number
01301-0026
Land Assessment
$108,567 CAD
Improvements Assessment
$289,429 CAD
Total Assessment
$397,995 CAD
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40-21 69th St
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