52-06 Roosevelt AveQueens, NY 11377

This exceptional five-unit apartment building, located at 52-06 Roosevelt Avenue in Queens, New York, presents a compelling investment opportunity. The property boasts 4,480 square feet on a 2,131 square foot lot and is constructed of all-brick. Built in 2004, the building features five units across four floors, plus a full finished walk-out basement providing additional space and direct backyard access. The first floor offers a two-bedroom, two-bathroom unit with potential for commercial conversion. The second and third floors each contain three-bedroom, two-bathroom units. The fourth floor comprises two separate one-bedroom, one-bathroom units. The building is equipped with five boilers and five heaters. Situated on Roosevelt Avenue, this property enjoys unparalleled convenience, with proximity to shops, restaurants, parks, schools, and excellent public transportation, including the 7 train, LIRR, and multiple bus routes. Its location offers easy access to Manhattan, approximately 15 minutes away. The property is rent-stabilized. The lot is zoned C2-3 R6. Annual real estate taxes are $43,000. The asking price is $1,358,000. Please refer to the offering memorandum for a complete financial overview.