101-66 125th St Richmond Hill, NY 11419

Multi-Family (2-4 Units) MLS #: 11289274 Courtesy Of Brix Real Estate Advisors

$3,300,000

24 beds | 16 baths
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Estimated monthly payments: $14,425/mo.* (recalculate)

Property InformationDescription

The subject property is a 11,500-sf building consisting of 16 residential units at 101-66 125th Street in the Richmond Hill neighborhood of Queens. The current owner has owned the property for over 40 years. The building has updated plumbing and electrical, gas boiler with two 100- gallon hot water heaters and new gas meter bars. The property consists of (8) 1 bedrooms and (8) 2 bedrooms. The average rent per unit for a 1 bedroom is $1,510 and $1,707 for 2 bedroom units. Most of the current rents being charged are preferential rents. A new investor has the opportunity to increase rents to the legal rent amounts registered with DHCR when existing tenants vacate. This well-maintained multifamily building represents a compelling investment opportunity within a well-connected and desirable locale.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath

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101-66 125th St, Richmond Hill, NY 11419
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School Information

101-66 125th St, Richmond Hill, NY 11419

Elementary School
Grades KG-5 | Public School
P.S. 161 ARTHUR ASHE SCHOOL
South Richmond Hill, NY 11419
10133 124th St
718.­441.5493
Distance: 0.1 mi
School Rating
A-
Student:Teacher Ratio
16:1
Total Students
583
Middle School
Grades 6-8 | Public School
J.H.S. 72 CATHERINE & COUNT BASIE
Jamaica, NY 11434
13325 Guy R Brewer Blvd
718.­723.6200
Distance: 2.5 mi
School Rating
D
Student:Teacher Ratio
9:1
Total Students
243
Middle School
Grades 6-8 | Public School
REDWOOD MIDDLE SCHOOL
Jamaica, NY 11434
13325 Guy R Brewer Blvd
718.­276.4540
Distance: 2.5 mi
School Rating
C+
Student:Teacher Ratio
11:1
Total Students
271
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
P.s. 55 The Maure School 0.4 mi Public KG-5 B+
P.s. 121 Queens 0.5 mi Public KG-5 A
Epic High School - North 0.5 mi Public 9-12 C
P.s. 100 Glen Morris School 0.7 mi Public PK-5 B
Richmond Hill High School 0.8 mi Public 9-12 D-
P.s. 50 Talfourd Lawn Elementary School 0.8 mi Public PK-5 B-
P.s. 62 Chester Park School 0.8 mi Public KG-5 B-
Al-iman School 0.8 mi Private KG-5
P.s. 51 Queens 0.8 mi Public KG-1
P.s. 155 Queens 0.9 mi Public KG-5 A
P.s. 108 Captain Vincent G. Fowler 0.9 mi Public PK-5 A-
P.s. 54 Hillside School 0.9 mi Public KG-5 C
St Mary Gate Of Heaven Catholic Academy 1.0 mi Private PK-8
Epic High School-south 1.0 mi Public 9-12 D+
Hawtree Creek Middle School 1.0 mi Public 6-8 B
J.h.s. 226 Virgil I. Grisson 1.0 mi Public 6-8 C-
P.s. 56 Harry Eichler School 1.0 mi Public 2-5 B+
P.s. 160 Walter F. Bishop School 1.1 mi Public KG-5 D+
Queens Transition Center 1.1 mi Public 9-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

South Richmond Hill, NY 11419

Median Age: 40.8
Married: 58%
Number of Households: 12,851
Households with Children: 38.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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