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40-21 69th St 5 Unit Apartment Building $3,024,387 CAD ($604,877 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 |
$231,336
|
$52.58
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$231,336
|
$52.58
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$79,813
|
$18.14
|
| Net Operating Income |
$151,523
|
$34.44
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $231,336 |
| Annual Per SF | $52.58 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $231,336 |
| Annual Per SF | $52.58 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $79,813 |
| Annual Per SF | $18.14 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $151,523 |
| Annual Per SF | $34.44 |
Property Facts
| Price | $3,024,387 CAD | Property Subtype | Apartment |
| Price Per Unit | $604,877 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 | $3,024,387 CAD |
| Price Per Unit | $604,877 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 | $312,877 CAD (2026) |
| Land Assessment | $110,442 CAD (2026) | Total Assessment | $423,319 CAD (2026) |
Property Taxes
Parcel Number
01301-0026
Land Assessment
$110,442 CAD (2026)
Improvements Assessment
$312,877 CAD (2026)
Total Assessment
$423,319 CAD (2026)
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40-21 69th St
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