Christine Stevens
BEDS2
BATHS1 full
MLS#1024932
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens 27
Property Description
Legal 3 Family, Good Property to own live in one apartment and rent the other two or keep as investment. PROJECTION:FLOOR-1 TWO BEDROOMS $2,500 Mo.FLOOR-2 THREE BEDROOMS $3,500 Mo. FLOOR-3 THREE BEDROOMS $3,500 Mo.Tot. Year inclome: $114,000Tot. Year Expense: $17,000 (taxes, Ins., Heat) NOI: $97,000 Yr. (Net)appx. 8% Cap rateLease and resell for new value with a 5% Cap rate for $1,940,000 -- Retun profit of $699,000 within 6 months to 1 year.The information has ben provided by the seller and has not been verified bythe Broker. Information is deemed reliable but not guaaranteed.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Separate Meters
Heating: Baseboard, Natural Gas
Taxes: $6,070
Year Built: 2005
Amenities
First Floor Bedroom
Feature Descriptions
Days on Site: 2
Exterior: Block, Brick
On Market Date: 2026-07-12
Parking Features: Driveway
Parking Total: 4
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Water: Public
Local Schools
High School: Channel View School For Research
Middle School: Jhs 216 George J Ryan
Elementary School: Pioneer Academy
School District: Queens 27
Listed By / Shown By
Listing By
Agency Name: Voro LLC
Agency Contact: 917-385-2992
Shown By
Agent Name: Christine Stevens
Agent Phone: Cell: (631) 879-7018
Agency Title: Howard Hanna | Coach Realtors
Estimate Your Payment
Estimated Payment
$ 6,238.63 per month $5,368.22 Principal & Interest $505.83 Property Tax $364.58 Homeowner's InsuranceChange Payment Information
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1409 Pinson | MLS# 1024932
This multi-family property located at 1409 Pinson, Far Rockaway, NY 11691 is currently listed for sale with an asking price of $1,250,000. Pinson is located within the Queens 27 school district. Search Far Rockaway real estate on cstevens.coachrealtors.com today.