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6229 102nd Street

Forest Hills, NY 11374
  • $2,500,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 948690
$2,500,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1983
County:
Area:

School Ratings & Info

Description

3 Story Apartments building built in 1983, it consists of EIGHT units. This well-positioned property offers Free Market rents, providing a balanced income stream with upside potential. With low operating expenses and an attractive Cap Rate, this asset delivers strong cash flow and long-term value. Don’t miss this turnkey opportunity to add a high-performing asset to your portfolio.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-05T00:17:57.397.
www.nicoleburkehomes.com/homes/171759367
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6229 102nd Street Forest Hills, NY 11374

  • Price: $2,500,000
  • Status: Active
  • On Site: 57 Days
  • MLS #: 948690
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1983
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
3 Story Apartments building built in 1983, it consists of EIGHT units. This well-positioned property offers Free Market rents, providing a balanced income stream with upside potential. With low operating expenses and an attractive Cap Rate, this asset delivers strong cash flow and long-term value. Don’t miss this turnkey opportunity to add a high-performing asset to your portfolio.
Exterior Features

Construction Materials BlockBrick Cross Street 62nd Road and 62nd Drive Direction Faces North Fencing Front Yard Foundation Details Brick/MortarConcrete PerimeterOther Lot Features Back YardCity LotNear Public Transit Parking Features None Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Appliances CooktopENERGY STAR Qualified AppliancesGas CooktopGas OvenGas RangeMicrowaveOvenRefrigeratorStainless Steel Appliance(s)Gas Water Heater Basement Details FinishedStorage Space Basement YN Yes Cooling None Flooring CarpetConcreteHardwoodTile Security Features Building SecurityFire AlarmFire EscapeSmoke Detector(s)Window Bars

Property Features

Accessibility Features Visitor Bathroom Annual Rental Income 99223 Building Area Total 6020 Building Features Laundry Electric Company Con-Edison Financial Year 20242025 Gross Income 159300 Heating BaseboardNatural Gas Insurance Expense 6984 Lot Size Area 3800 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Operating Expense 16666 Other Equipment Intercom Property Condition Actual Property Sub Type Multi Family Road Frontage Type Municipal Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 43411 Tax Source Municipality Utilities Cable AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater AvailableWater Connected Water Access YN No Water Sewer Expense 6482 Water Source Public Zoning R4

Listing courtesy of John Z. Liu Cbr of Chase Global Realty Corp: 718-355-8788
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-05T00:17:57.397.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803