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16414 81st Avenue , Fresh Meadows , NY 11432
















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/Town | New York |
| Area/County | Queens |
| Post Office/Postal City | Fresh Meadows |
| Prop. Type | Single Family House for Sale |
| Style | A-Frame |
| Tax | $6,370.00 |
| Bedrooms | 5 |
| Total Rooms | 9 |
| Total Baths | 2 |
| Full Baths | 2 |
| Year Built | 1920 |
| Basement | Finished |
| Construction | Frame |
| Lot SqFt | 2,500 |
| Cooling | Wall/Window Unit(s) |
| Heat Source | Natural Gas |
| Util Incl | Electricity Available |
| Days On Market | 35 |
| Parking Features | Driveway, Garage |
| Tax Assessed Value | 46980 |
| School District | Queens 29 |
| Middle School | Cambria Heights Academy |
| Elementary School | Ps 131 Abigail Adams |
| High School | Cambria Heights Academy |
| Features | First floor bedroom, first floor full bath |
| Listing information courtesy of: S10 Realty Group LLC | |