This four-story, beautifully maintained building is located in LIC. All units on a year-to-year lease. Building has 421a tax abatement expires in 5 years which is expires in 2022. Tenants pay for their own heat & hot water. Lot Dimensions 25 x 94. Building size 25 x 57. Eight Blocks to N Train, One block to Broadway. Built in 2006. Seven years left in tax abatement. Storage rooms in the Basement.
Buyer can assume the existing mortgage at 3.44% rate. (4 years left on 5 year-fix)
Gross Income: $141,000
Expenses $10,077
6 Family LIC Built 2006 With Eight Year Tax Abatement -SOLD - Astoria, Queens County, New York City, New York, 11102, USA
