17-34 Bleecker StQueens, NY 11385

For Sale
$2,080

Six-unit building, high cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional three-story mixed-use building at 17-34 Bleecker Street in Queens, New York, presents a compelling investment opportunity. Spanning 4,875 square feet, this property boasts six units, offering immediate cash flow from its fully leased status. The building benefits from a 100% tax class 2A protection, ensuring predictable and stable tax assessments. Its location in the vibrant Bushwick, Brooklyn and Ridgewood, Queens area provides convenient access to amenities and transportation. The property's minimal deferred maintenance further enhances its appeal, minimizing immediate capital expenditures. The close proximity of similar properties allows for efficient management operations, streamlining administrative tasks and maximizing returns. This is a rare chance to acquire a well-maintained, cash-flowing multifamily asset with significant upside potential in the free market units. The asking price is $2,080,000. The property's strong tenant occupancy and protected tax classification make it an ideal addition to any investment portfolio seeking stability and growth. This is a turnkey investment ready for immediate income generation. The zip code is 11385.

Property Details for 17-34 Bleecker St

Property type
Multifamily properties, Apartment buildings
Square Feet
4,875 SF
Stories
3
Units
6

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.704399
Longitude
-73.911575
17-34 Bleecker St, Queens, New York

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17-34 Bleecker St
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