Six family building for sale in Long Island City very close to Northern Boulevard and to R/M Subway line at Steinway stop. The property features six apartments all two bedrooms railroad layout and a full basement. In addition the property has three parking spaces located at the rear of the building. The building is well maintained and fully occupied. Gas heating system and separate water heather. All apartments are rent stabilized. Building Size 28X68 Lot Size 28X100 Gross rentable space 4,992 square feet. Yearly Preferential Income $111,624 Yearly Legal Rent $145,812 Yearly Expenses $32,423 Net Operating Income $79,201
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