70-37- 72nd Pl, Glendale NY 11385

$1,200,000
  • Street Address: 7037 72nd Place
  • Property class: Four Family
  • Neighborhood: Glendale
  • Building type: Detached
  • Borough: Queens
  • Construction: Frame
  • State: NY
  • Stories: 2
  • Zip Code: 11385
  • Residential units: 4
  • Block & Lot: 36650033
  • Building dimensions: 25X60
  • Lot dimensions: 25X100.83
  • Building interior: 4500
  • Lot sqft: 2521 ft²
  • Year built: 1931
  • Property Tax: 6835
  • Offer type: Sold!
  • Zoning: R4-1
  • Property size: 3000 ft²

Features

  • Rooms: 16
  • Bedrooms: 8
  • Full Bath: 4
  • Half Bath
  • Kitchen: 4
  • Backyard: Yes
  • Basement: Yes
  • Finished Basement: Yes
  • Heating: Yes
  • Hot Water: Yes
  • Split AC: Yes
  • Central AC: No
  • Dishwasher: Yes
  • Washer / Dryer: No
  • Pool: No
  • Balcony: No
  • Garage: No
  • Driveway: No
  • Flooring: Hardwood, Tile

Details

4 FAMILY PRICED TO SELL QUICKLY!

In the most desirable location of Glendale & Middle Village border. Short commute to All Shops at Atlas Park where world class brands come together for all means of shopping and entertainment. In addition to that, 7037 72nd Pl is near by Central and Cooper Ave, ease for all the daily commodities for the residence. Coliseum Gym for fitness in short distance.

This classic property with its elegant architectural design as 2 story with basement is situated on a 25X100.83 ft. lot. Including basement 4,500 sq ft. interior featuring 16 rooms, 8 bedrooms, 4 kitchens & 4 full baths.

4 families are well known as a great investment properties due to low expenses and high profit generating.

This captivating property is currently producing 4.25% cap rate and has potential of 6.31% cap or more.

BASEMENT: Partially finish with utility boiler room and excess to the backyard.

1st FLOOR- Two apartments: each 2 bedrooms, full bath, freestyle kitchen, dining & living.

2nd FLOOR- Two apartments: each 2 bedrooms, full bath, freestyle kitchen, dining.