INVESTMENT OF THE MONTH by godfather
HANDS DOWN THE BEST INVESTMENT-NO RENT CONTROL
Mar 07, 2020 | 424 views | 0 0 comments | 11 11 recommendations | email to a friend | print | permalink

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THE BEST INVESTMENT IN REAL ESTATE THIS MONTH!
by godfather
Mar 07, 2020 | 1639 views | 0 0 comments | 69 69 recommendations | email to a friend | print | permalink

From $3.5 Million to New reduced Price $3 Million dollars/ Not on Multiple Listing

Settling Estate/ owners looking for $2.8 MILLION,  1031 All cash deal

Building built in 1980’s

COMMERCIAL CONDO-TENANT SCHOOL -1ST. FL. BASE.

ADDRESS OF PREMISES:7252 METROPOLITAN AVENUE, MIDDLE VILLAGE,NY 11379 Taxes about $95k. TENANT PAYS anything above $51k.in taxes. Maintenance is $2,680 paid by Landlord.. Tenant-Board of Education.




ADDRESS: 7252 METROPOLITAN AVENUE, MIDDLE VILLAGE, NY 11379

JANUARY 2020 RENT IS $17,510 MONTHLY OR $210,120 DOLLARS

Letter of Intent to purchase with amount to be considered, then buyer has 30 day due diligence period to review lease, do a walk thru of the premises.

Tenant will confirm wanting another 20 year lease.  And if  you wish negotiate a new lease after purchase, please do so.



19 YEAR RECORD RENT PAYMENTS ON TIME DURING LEASE. Tenant was only increased 3% in rent every two years in the past. So to bring up to Market Value of today, potential of $21k monthly or $22k monthly.

NO HEADACHES-SCHOOL HAS CLEANING SERVICE AND A SUPER TO MAINTAIN PROPERTY.INCLUDING SNOW REMOVAL.

NO RENT CONTROL HEADACHES!

TOTAL RENTED SPACE, 13,200 SQ.FT. (1ST. FLOOR 6,700 SQ.FT. FINISHED BASEMENT OF 6,500 SQ.FT. WITH BATHROOMS, LOCKERS, PLAY ROOM, AND ELEVATOR.)  

TENANT OCCUPIES 6 PARNG SPACES



*****JIM TURANO/BROKER-DIVERSE REAL ESTATE

CELL NUMBER 1-347-837-9206**************

Accepting Letters of Intent to Purchase and presenting them this week to the family members

Forward your letter of intent to purchase to: jturano7423@yahoo.com

REAL VALUE-NOW THE NUMBERS MAKE SENSE INVESTORS

                                       OFFERS TO PURCHASE BEING SUBMITTED THIS WEEK!

  • AFTER REVIEWING NEIGHBORHOOD LISTINGS IN 7 AREAS, THIS INVESTMENT PROPERTY THAT IS FOR SALE, IS THE HOTTEST PROPERTY AROUND. VINCENT BATYRAMO, INVESTOR.
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