16414 81st AVE, Fresh Meadows, NY 11432
16414 81st AVE, Fresh Meadows, NY 11432
16414 81st AVE, Fresh Meadows, NY 11432
16414 81st AVE, Fresh Meadows, NY 11432
16414 81st AVE, Fresh Meadows, NY 11432
16414 81st AVE, Fresh Meadows, NY 11432
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$ 1,050,000
Est. payment | /mo

5 Beds

2 Baths

1,088 SqFt


Save
$ 1,050,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,088 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,088 sqft

Price per Sqft $965

MLS Listing ID 1033418

Style A-Frame

Bedrooms 5

Full Baths 2

HOA Y/N No

Rental Info No

Year Built 1920

Annual Tax Amount $6,369

Lot Size 2,500 Sqft

Acres 0.0574

Property Sub-Type Single Family Residence

Source onekey2

Property Description

Welcome to 164-14 81st Ave, Fresh Meadows — a fully occupied, income-producing single-family property offering $7,600/month in current rental income and an attractive real real 7.8% cap rate based on the current asking price.

The property generates $91,200 in annual gross rental income, with approximately $6,450 in annual property taxes and $2,000 in annual insurance expenses. Electricity, Water, Landscaping are paid directly by the tenant, helping keep the owner's operating expenses low.

This well-maintained 5-bedroom home features a spacious first floor with a living room, eat-in kitchen, one bedroom, and full bathroom. The second floor and attic offers four additional bedrooms. The full basement includes a second full bathroom and provides flexible space for recreation, storage, or other permitted uses.

Additional features include a private driveway and one-car garage. Conveniently located near St. John's University, with strong rental demand and access to local transportation, shopping, dining, and neighborhood amenities.

A strong opportunity for investors seeking an income-producing residential asset in Fresh Meadows with substantial current rental income and favorable operating expenses.

Location

State NY

County Queens

Rooms

Basement Finished

Interior

Interior Features First Floor Bedroom, First Floor Full Bath

Heating Natural Gas

Cooling Wall/Window Unit(s)

Flooring Hardwood

Fireplace No

Appliance Gas Cooktop, Gas Oven

Exterior

Parking Features Driveway, Garage

Garage Spaces 1.0

Utilities Available Electricity Available

Garage true

Private Pool No

Building

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Ps 131 Abigail Adams

Middle Schools Cambria Heights Academy

High Schools Queens 29

School District Queens 29

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by S10 Realty Group LLC • Lina Shi RENE
Kevin Kalyan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(516) 593-2800

info@goldstarpremier.com

70 Charles Lindbergh Blvd #201, Uniondale, New York 11553, USA

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16414 81st AVE