$898,000
bedrooms
4
bathrooms
4
square feet
1,904
Acreage
-
Open Houses
-
year built
1973
Full Baths
4
Half Baths
0
EASY TO SEE, Excellent Investment Opportunity or Ideal for End-Users! Perfect paying long-time tenants
Current income of $5,800/month, with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family investment properties at its price point.
Building size: 27X47 +.
Interior living sq. ft. space: approx. 2,353 Plus 1,000 sq. ft. finished basement with a permitted three-piece bathroom.
The spacious first-floor apartment offers approximately 1,250 sq. ft. of living space, including large rooms. It features a living room, formal dining room, huge eat-in kitchen, primary bedroom with an en suite bath, two additional bedrooms, and a full bath.
The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8') and a separate exterior entrance via a wide side staircase. It has its own heating zone and baseboard heat. There is an existing full bath, "permitted. "
Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more.
Excellent appearance
Separate hot boilers and domestic water heaters for each unit
Location | |
Subdivision | - |
County | Nassau County |
Elementary School | - |
Middle School | Westbury Middle School |
High School | Westbury High School |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: L3572991
Listing agent:
James S. Powers
#31PO0764530
Listing broker:
Tapestry Real Estate
(718) 460-1943
Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Wednesday, April 23 2025 at 2:40 p.m. EDT
Kotohomes National
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