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Once in a lifetime opportunity!!! Legal 9 family apartment building, fully occupied. One block from Main St and the multiple hundred million dollar upper Port Jeff revitalization project. Apartment buildings surround, many high-end luxury apartments. Building sits on one-way street, new town park at the end of the block. Short distance to train. Building has large parking lot. Fire escape and class three fire suppression system. First floor: (1) one bedroom unit, and (1) 3 bedroom unit. Second floor: (1) two bedroom unit, (1) one bedroom unit, and (2) studios. Third floor: (3) large one bedroom units. Five year young roof. Gross monthly rent after scheduled increases: $16,200/Annual $194,400. Property has unlimited upside.
Property Type(s):
Multi Family
Last Updated | 8/12/2024 | Year Built | 1950 |
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County | Suffolk |
SCHOOLS
Jr. High School | John F Kennedy Middle School |
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High School | Comsewogue High School |
Additional Details
AIR | None |
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APPLIANCES | Gas Water Heater |
BASEMENT | Full, Yes |
CONSTRUCTION | Block |
HEAT | Hot Water, Natural Gas |
LOT | 0.35 acre(s) |
LOT DIMENSIONS | .35 |
PARKING | Private |
STORIES | 3+ |
STYLE | Other |
TAXES | 26141.66 |
WATER | Public |
ZONING | Residential |
Location
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Listed with Coldwell Banker American Homes
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