Property Description

Excellent investment opportunity in the highly sought-after neighborhood of Rosedale! This well-maintained two-family home features three bedrooms over three bedrooms, plus a finished basement.The first-floor unit offers three bedrooms, a spacious living and dining area, and access to the finished basement with a separate entrance. The second-floor unit features three bedrooms, one full bathroom, and a finished attic, making the property ideal for an owner-occupant or investor.The property previously generated an approximately 3% cap rate, with the potential to increase to nearly 6% when rented at current market rates. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this property offers exceptional upside potential. The property will be delivered completely vacant.Conveniently located near shopping, schools, parks, public transportation, and major highways, this is a rare opportunity to own a solid income-producing property in one of Queens' most desirable neighborhoods.The seller is motivated and seeking a qualified buyer. Don't miss your chance to own this Rosedale gem!

Property Features

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