6 Units total . Two totally renovated 3 family detached buildings on one Tax lot . Each building consists of Two 3 br apartments and one 2 bedroom apartment. Each apartment has their own utilities. " Electric, gas heat, and gas hot water. Hardwood floors throughout, tiled baths and kitchens, new windows, and new appliances . Both buildings have brand new Certificates of Occupancy. Total projected rent roll is : $129,600 less expenses of 19,000 for a Net Operating income of $110,600 annually Cap Rate 8.51% This corner property is walking distance to the beach and the elevated train which goes to Manhattan. The waterfront is undergoing 1 billion in new developments. The Arverne East Project is set to commence any day.
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