Log In/Sign Up
Your email has been sent.
7220 67th St
Flushing, NY 11385
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Prime location
- Excellent condition
- Well maintained
Executive Summary
Exceptional opportunity to acquire a fully leased six-family brick building in the highly resilient Ridgewood/Glendale rental corridor of Queens.
This well-maintained asset comprises six spacious two-bedroom, one-bathroom apartments, each offering generous living areas and functional kitchen layouts. The consistent two-bedroom unit mix remains one of the strongest-performing configurations in this submarket, supporting steady tenant demand and long-term rent stability.
Constructed of solid brick and positioned in a prime location near transportation, shopping, dining, and everyday conveniences, the property benefits from strong rental fundamentals and enduring neighborhood appeal.
An ideal turnkey investment offering immediate cash flow in one of Queens’ most dependable multifamily corridors.
Investment Highlights:
• 100% Occupied – Immediate Cash Flow
• Gross Scheduled Income: $124,063.2
• Net Operating Income: $79,827.2
• Cap Rate: 6.15%
• Price Per Unit: $216,333
Contact me for more information
This well-maintained asset comprises six spacious two-bedroom, one-bathroom apartments, each offering generous living areas and functional kitchen layouts. The consistent two-bedroom unit mix remains one of the strongest-performing configurations in this submarket, supporting steady tenant demand and long-term rent stability.
Constructed of solid brick and positioned in a prime location near transportation, shopping, dining, and everyday conveniences, the property benefits from strong rental fundamentals and enduring neighborhood appeal.
An ideal turnkey investment offering immediate cash flow in one of Queens’ most dependable multifamily corridors.
Investment Highlights:
• 100% Occupied – Immediate Cash Flow
• Gross Scheduled Income: $124,063.2
• Net Operating Income: $79,827.2
• Cap Rate: 6.15%
• Price Per Unit: $216,333
Contact me for more information
Property Facts
| Price Per Unit | $296,982 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 6.15% | Building Size | 5,712 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1931 |
| Apartment Style | Low-Rise | ||
| Zoning | R5, Queens | ||
| Price Per Unit | $296,982 CAD |
| Sale Type | Investment |
| Cap Rate | 6.15% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,712 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R5, Queens |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Tub/Shower
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
Property Taxes
| Parcel Number | 03700-0035 | Improvements Assessment | $175,540 CAD |
| Land Assessment | $5,172 CAD | Total Assessment | $180,712 CAD |
Property Taxes
Parcel Number
03700-0035
Land Assessment
$5,172 CAD
Improvements Assessment
$175,540 CAD
Total Assessment
$180,712 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
