16414 81st Avenue,Fresh Meadows, NY 11432
Fresh Meadows, NY 11432
Description
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.
Details
| MLS # | 1033418 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 98 |
| Listing Provided By | S10 Realty Group LLC | Lina Shi RENE |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,088 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.06 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Interior Features | First Floor Bedroom, First Floor Full Bath |
| Appliances | Gas Cooktop, Gas Oven |
Exterior
| Construction Materials | Frame |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway, Garage |
Utilities
| Utilities | Electricity Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 46980 |
| Tax Annual Amount | 6369.56 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | Fresh Meadows |
| Zip Code | 11432 |
| School District | Cambria Heights Academy |
| Elementary School | Ps 131 Abigail Adams |
| High School | Cambria Heights Academy |
| Listing VS Median (in 11432) | |
Price: $1,050,000 low | high Med: $322,000 sqft: 1,088 low | high Med: 947 $ / sqft: $965 low | high Med: $341 On site: 98 low | high Med: 447.5 | |
Market Activity 11432
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Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Fresh Meadows |
| Zip Code | 11432 |
| School District | Cambria Heights Academy |
| Elementary School | Ps 131 Abigail Adams |
| High School | Cambria Heights Academy |
| Listing VS Median (in 11432) | |
Price: $1,050,000 low | high Med: $322,000 sqft: 1,088 low | high Med: 947 $ / sqft: $965 low | high Med: $341 On site: 98 low | high Med: 447.5 | |