Multi Family
Apt House
7042 66th Street, Glendale NY 11385
$1,299,000
LID / MLS#: 
2021030270426

Featured Listing

matt@werbarealty.com's picture
Ahmed "Matt" Duraliev
Licensed Real Estate Salesperson
matt@werbarealty.com
718-456-9600
Ext:
18
Spoken Languages:
English, Bulgarian, German, Russian, Turkish and Polish
soniak@werbarealty.com's picture
Sonia Juran Kulesza
Licensed Associate Broker / Notary
soniak@werbarealty.com
718-456-9600
Ext:
29
Spoken Languages:
English and German
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Image iconBuilding Operations Summary-Feb2021
Image iconListing Set Up Sheet

Description

JUST Listed - VERY Well Maintained

This meticulously maintained 6 Family Brick Apartment House is located in lower Glendale within easy distance to Fresh Pond "M" train and shops.  The apartments are all rent stabilized with leases in place, fully occupied and rent payments up to date.  This is truly a GEM of a property to add to your investment portfolio.  

Property Characteristics

Appearance: 
Excellent
Construction: 
Brick
Attached/Semi-Det/Detached: 
Attached
# of Families: 
6 Residential Units
# of Units: 
6
# of Stories: 
3
Basement: 
Full
Finished Basement: 
No
Building Size: 
28x68
Interior Square Footage: 
5,712 SF
Listing $ / SF: 
$227.42/SF
Lot Size: 
28x100
Year Built: 
1931
Zoning: 
R5D

School Information

District Name: 
24 Community District
District #: 
24
School Statistics (11385)

Income

Monthly Rental income: 
$9,155
Annual Rental income: 
$109,680
Income Description: 
  • Apt. 1R=$1650/mo ($19,800/Yr) RS-6/30/21
  • Apt. 1L-$1600/mo ($19,200/Yr) RS-7/31/21
  • Apt. 2R-$1550/mo ($18,600/Yr) RS-11/30/21
  • Apt. 2L-$1500/mo ($18,000/Yr) RS-12/31/21
  • Apt. 3R-$1205/mo ($14,460/Yr) RS-9/30/22
  • Apt. 3L-$1650/mo ($19,800/Yr) RS-1/31/22



Net income: 
$78,640

Expenses

Electric: 
$514
Fuel: 
$3,672
Water: 
$3,635
Insurance: 
$4,855
Total Taxes: 
$14,365 Taxes
Annual Expenses: 
$31,220
Expense Description: 
  • RE Taxes: $14,500
  • Insurance: $4855
  • Water: $3635
  • National Grid GAS: $3672
  • Con Ed Common Electric: $514
  • Metro Pest Control: $1144
  • Sewer Cleaning: $300
  • NYC Rent Stabilization: $500
  • Roof Sealing: $1000
  • Boiler Annual Servicing: $500
  • Spectrum Internet Service: $600

TTL ANNUAL Operating Expenses = $31,220

Commercial & Business

Type of Sale / Rental: 
Inc Prop

Rooms

# of Rooms: 
30.00 Rooms
Layout: 
RR
# of Bedrooms: 
18 Bedrooms
Master bedroom 1st Floor: 
✔
# of Kitchens: 
6
Eat in Kitchen: 
✔
Total Bathrooms: 
6
# of Full Bathrooms: 
6

Floorplan

Basement Subfloor: 
Full Unfinished w. Utility Area & Bilco Access to Backyard
Level 1: 
2x 5Rm Apts (3BR, EIK, Liv Rm, Full Bath)
Level 2: 
2x 5Rm Apts (3BR, EIK, Liv Rm, Full Bath)

Appliances, Flooring & Utilities

Stove: 
6
Refrigerator: 
6
Fuel: 
Gas
Gas: 
Gas
# of Heating Zones: 
 

Outdoor Space & Parking

Yard: 
✔

Noteworthy

Pets: 
✖
No Smoking: 
✔
Transportation / Shops: 
Myrtle/Fresh Pond Rd