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75-02 - 75-06 Metropolitan Avenue Middle Village, Queens, New York

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75-02 - 75-06 Metropolitan Avenue Middle Village, Queens, New York AVAILABLE FOR SALE - INVESTMENT OPPORTUNITY 75-02 - 75-06 METROPOLITAN AVENUE MIDDLE VILLAGE, QUEENS, NEW YORK PROPERTY INFORMATION + Address: 75-02-08 Metropolitan Ave AKA 67-05 75th Street + Units: 16 Units (11 Residential, 5 Commercial) + Block/Lot: 3773/7 + Lot SF: 5,300 SF + Lot Dimensions: 53’ x 100’ BUILDING INFORMATION + Stories: 3 The subject property is a fully-occupied three-story mixed use building located on the southeast + Building SF: 14,310 SF corner of Metropolitan Ave and 75th Street in Middle Village, Queens. It is comprised of 11 + Zoning: R5 / C1-3 residential units and 5 commercial units. The residential units include two studio's; five (1)-bedroom + FAR: 1.25 units; and four (2)-bedroom units. + Taxes: $67,331 The subject property is is immediate vicinity to the Q54 bus-line, and roughly 0.5-mile from the Middle Village-Metropolitan Av (M) Subway line. + Asking Price: Upon Request The property is centrally located between the Long Island Expressway, Jackie Robinson Parkway, CONTACT US Woodhaven Boulevard and Fresh Pond Road. DEAN ROSENZWEIG JEREMY SCHOLDER MATTHEW GIORDANO Senior Vice President Vice President Senior Associate +1 718 289 7715 +1 718 289 7704 +1 718 289 7721 [email protected] [email protected] [email protected] www.cbre.us FOR SALE 75-02 - 75-06 METROPOLITAN AVENUE, MIDDLE VILLAGE RENT ROLL TAX MAP Income Apartment Tenant LXP Registered Rent Annual Rent Type Status 1A 03/31/20 1.0 SCRIE $ 1,192.11 $ 14,305.32 2A 12/31/20 1.0 RS $ 1,484.94 $ 17,819.28 2B 02/28/19 1.0 RS $ 1,560.00 $ 18,720.00 2C 02/01/20 Studio RS $ 1,298.50 $ 15,582.00 2D 02/01/18 2.0 RS $ 1,150.37 $ 13,804.44 2E 10/31/20 2.0 RS $ 1,135.09 $ 13,621.08 3A 06/30/20 1.0 RS $ 973.93 $ 11,687.16 3B 11/30/19 1.0 RS $ 1,673.61 $ 20,083.32 3C 03/31/19 Studio RS $ 1,495.92 $ 17,951.04 3D 02/29/20 2.0 RS $ 1,100.78 $ 13,209.36 3E 02/29/20 2.0 RS $ 1,100.78 $ 13,209.36 67-07 75th 06/30/19 Retail $ 1,050.00 $ 12,600.00 67-09 75th 01/31/20 Retail $ 1,550.00 $ 18,600.00 75-02 Met 03/31/21 Retail $ 3,689.60 $ 44,275.20 75-04 Met 03/31/19 Retail $ 3,384.27 $ 40,611.24 75-06 Met 10/31/20 Retail $ 2,060.00 $ 24,720.00 Misc $ 430.60 Total: $ 25,899.90 $ 311,229.40 GROSS RENT $ 311,229.40 Expenses RE Taxes: $ 67,332 Insurance: $ 14,000 Water & Sewer: $ 12,945 Electric: $ 1,466 © 2019 CBRE, Inc. All rights reserved. This information has been obtained from Gas: $ 12,504 sources believed reliable, but has not been verified for accuracy or completeness. Repairs / Maintenance: $ 12,000 You should conduct a careful, independent investigation of the property and verify Total Expenses: $ 120,247 all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed Gross Income $ 311,229 on this document are the property of their respective owners. Photos herein are Expenses $ 120,247 the property of their respective owners. Use of these images without the express Net Operating Income $ 190,982 written consent of the owner is prohibited. www.cbre.us Page 1 of 1 FOR SALE 75-02 - 75-06 METROPOLITAN AVENUE, MIDDLE VILLAGE LOCATION MAP Q54 Bus - Metropolitan Ave/75 St Middle Village-Metropolitan Ave 372K SF OUTDOOR LIFESTYLE CENTER CONTACT US DEAN ROSENZWEIG JEREMY SCHOLDER MATTHEW GIORDANO Senior Vice President Vice President Senior Associate +1 718 289 7715 +1 718 289 7704 +1 718 289 7721 [email protected] [email protected] [email protected] www.cbre.us.
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