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Westbury NY, 11590 $898,000

Misc For Sale , 1904 SqFt 

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Details ML#: 3572991  

  • # of Families: 2
  • Year Built: 1973
  • Taxes: $18,217
  • Status:Active

Description

Excellent Investment Opportunity or Ideal for End-Users!Current income of $5, 800/month with the owner only responsible for taxes and cold water. Future income potential is even higher. This property boasts a 5.5% Cap Rate, making it one of the best legal two-family homes in its price range.The spacious first-floor apartment offers approximately 1, 250 sq. ft. of living space, including large rooms throughout. It features a living room, formal dining room, huge eat-in kitchen, master bedroom with an en suite bath, two additional bedrooms, and a full bath.The second-floor apartment is impressively large, offering ample space and endless possibilities. The finished basement has high ceilings (around 8’) and a separate exterior entrance via a wide side staircase, with its own heating zone and baseboard heat.Perfect for investors, 1031 exchange buyers, or end-users looking to live in one unit and rent out the other. Conveniently located near bus transportation and just a few blocks from the new Post Avenue LIRR Station—only 41 minutes to Penn Station or Grand Central Station. Walk to diverse shopping, dining, and more.Additional features:Excellent appearanceSeparate hot boilers and domestic water heaters for each unit

More Property Details

Room Information

Other: 10  

Property Features

Lot Sq Ft: 5000   Approx. Int. Sq. Ft.: 1904.00   Parking Spaces: Yes   Parking Spaces: 4   Parking Facilities: Carport, Covered, Driveway, Private  

Appliances & Utilities

Heat: Natural Gas, Hot Water   A/C: Wall/Window Unit(s)   Water: Public  

Financial

Taxes: $18,217  

Local Area Information

School District: Westbury Middle School   Zoning: Business B-4   Block: 131   Lot: 399  

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