118-16 91st Ave
30 Unit Apartment Building $7,849,930 CAD ($261,664 CAD/Unit) 6.69% Cap Rate Richmond Hill, NY 11418
EXECUTIVE SUMMARY
Net Operating Income: $367,894
30 Residential Units
Cell Tower Income ($24,671 per Annum)
Laundry Income ($15,000 per Annum)
Rents Below Legal Rent
Nearby Access to J, Z & A Subway Lines
30 Residential Units
Cell Tower Income ($24,671 per Annum)
Laundry Income ($15,000 per Annum)
Rents Below Legal Rent
Nearby Access to J, Z & A Subway Lines
PROPERTY FACTS
| Price | $7,849,930 CAD |
| Price Per Unit | $261,664 CAD |
| Sale Type | Investment |
| Cap Rate | 6.69% |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 21,000 SF |
| No. Stories | 4 |
| Year Built | 1931 |
1 of 1
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (89)
PROPERTY TAXES
| Parcel Number | 09350-0006 | Improvements Assessment | $766,350 CAD |
| Land Assessment | $180,591 CAD | Total Assessment | $946,941 CAD |
ZONING
| Zoning Code | R4A |
