Highlights

• All Town Home Units • Rents paid by HAP Contract • Laudry On Site

Description

This well-maintained 8-unit apartment building offers a desirable and diverse unit mix, consisting of four 3-bedroom, 2-bathroom townhomes and four 4-bedroom, 2-bathroom townhomes. The spacious layouts cater to a variety of tenant needs, making the property an attractive investment opportunity with strong rental potential.

Property Documents

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Queens 12 Design.pdf

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Listing Details

  • Cap Rate

    8.03%

  • Space Type

    Multifamily

  • Sub Category

    Apartments Building

  • Sale Type

    Investment Sale

  • Date Listed

    7/16/2025

  • Ownership Info

    Owner of Record

  • Investment Type

    Value Add

  • Parking Info

    1.74/1,000 SF

Property Specifics

  • Property Name

    Queens 12 | 547 E Avenue Q12

  • Property Class

    C

  • No of Units

    8

  • Year Built

    1981

  • Building Size

    9,192 SF

  • Lot Size

    0.5 Ac

  • APN

    3009-010-005

  • Zoning

    R3 - Multiple Residential

  • Occupancy

    95%

Property Amenities

Unit Amenities

Washer/Dryer or Laundry Services

Location Amenities

Airport
Commuter Rail
Public Transportation