Description

Rare opportunity to buy in Sunnyside. Owned by one family for over 45 years. Corner property with 4 commercial units, 50 residential units & 23 units sold as a package. One block walk to the train�in the city in 11 minutes.


The apartments are renovated and 60% of the units are free market. This is a walk-up apartment building, which keeps maintenance costs low.

The building is a brick construction, with a new roof and parapet, and a new sidewalk.

Gross annual income ----- $1,615,760
Total annual expenses ---- $508,447
Net annual income -------- $1,107,313
Cap rate -------------------- 5.82%�