$2,100,000
Queens, NY 11377
MLS# 2505196
Status: Pending
15 beds | 12 baths | 10400 sqft
1 / 7
Property Description
Prime investment opportunity! This 12-family building is in excellent condition and generates very strong rental income. Located in a high-traffic, busy area close to all major amenities, including shopping, transportation, and schools. A rare find in a high-demand location — perfect for investors seeking stable, long-term returns. Sold 'As Is'.
Details
Maps
Address/Legal
Section: N/A
Country: United States
Contract/Location Information
List Price/SqFt: 201.92
Sale/Lease: Sale
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 6
Taxes: 36808
Tax Abated: No
Lot Size SqFt: 10400
Year Built Info: Approx
Lot Dim: 40'x100'
Irregular: No
Air Conditioner: Central
Condition: Good
Garage Capacity: 0
# of Parking Spaces: 0
# Units: 12
# of Residential Units: 12
# of Commercial Units: 0
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: Prime investment opportunity! This 12-family building is in excellent condition and generates very strong rental income. Located in a high-traffic, busy area close to all major amenities, including shopping, transportation, and schools. A rare find in a high-demand location — perfect for investors seeking stable, long-term returns. Sold 'As Is'.
Pool Y/N: No
# of Heating Units: 1
Rent Control # of Units: 0
Rent Stabilized # Units: 12
Bedrooms: 15
Full Baths: 12
Total Baths: 12
Year Built: 1931
Building SqFt: 10400
Status Change Info
Projected Close Date: 2025-12-30
Pending Date: 2025-10-25
Unit 1
Unit 1 - Level: 1
Unit 1 - # Rooms: 4
Unit 1 - # Bedrooms: 1
Unit 1 - # Baths: 1
Rent/Month: 1419.82
Sewer
City: 1
Unit 2
Unit 2 - # Baths: 2
Rent/Month: 2235.71
Unit 2 - Level: 1
Unit 2 - # Rooms: 5
Unit 2 - # Bedrooms: 2
Unit 3
Unit 3 - Level: 3
Unit 3 - # Rooms: 5
Unit 3 - # Bedrooms: 1
Rent/Month: 2334.99
Unit 3 - # Baths: 1
Electric
220: 1
Unit 4
Unit 4 - Level: 1
Unit 4 - # Rooms: 4
Unit 4 - # Bedrooms: 2
Rent/Month: 1567.84
Unit 4 - # Baths: 1
Showing Instructions
Call Agent: 1
Heat Source
Gas: 1
Unit 5
Level: 2
# Rooms: 5
# Bedrooms: 2
# Baths: 1
Rent/Month: 1700.94
Heat System
Steam: 1
Unit 6
Level: 3
# Rooms: 5
# Bedrooms: 2
# Baths: 1
Rent/Month: 1979.46
Unit 7
Level: 2
# Rooms: 4
# Bedrooms: 2
# Baths: 1
Rent/Month: 1344.94
Unit 8
Level: 3
# Rooms: 4
# Bedrooms: 1
# Baths: 1
Rent/Month: 1349.16
Electric Meters
Individual: 1
Gas Meters
Master: 1
Parking
Off Street: 1
Garage Location
None: 1
Siding
Brick: 1
Income & Expense
Gross Income: 259603
Total Expense: 63000
Net Income: 196603
Total Actual Rent: 12
Extras
Cable: 1
Features
Apartment: 1
Building Info
Building Available SqFt: 10400
Sprinklers: Yes
Construction
Frame: 1
AddressLegal
Street No.: 45-10
Street Name: 50th
Street Suffix: Avenue
County: Queens
State: NY
Zip Code: 11377
Area Name: Off Island
Parcel ID: 02295-0052
ContractLocation Information
Status: Pending
Marketing/Listing Date: 2025-09-04
List Price: $2,100,000
Current Price: $2,100,000
Sub-Type: 9+F
Zoning: C1
Block: 02295
Lot: 0052
Property Features
Electric Meters: Individual
Garage Location: None
Siding: Brick
Extras: Cable
Gas Meters: Master
Heat Source: Gas
Heat System: Steam
Showing Instructions: Call Agent
Electric: 220
Features: Apartment
Construction: Frame
Parking: Off Street
Listing Courtesy of Toscana Property LLC
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.