Unique 2 detach buildings on 50/125 lot, legal 2 family, by subway $749,000
Located on 1388 Pinson St in Bayswater, a nice part of Far Rockaway Queens, not too far from JFK Airport (no toll bridge to cross.) This unique legal 2 family consists of 2 separate fully detach buildings, built on one BIG 50/125 lot. It is close to the neighborhood's main subway station, and within walking distance to LIRR station. There is a supermarket just 2 blocks away, and there are restaurants, post office, library, banks, and other amenities all within a walking distance from the house. There main house on the property is at the front of the lot, and a second one is in the back, with a nice yard space in between. There is a long private driveway that can fit several cars. The 2 buildings are updated and ready for move-in. The Front house has 4 bedrooms/3.5 bathroom duplex apartment, include 1 bedroom & 1.5 bathroom on its first floor, and 3 bedrooms and a full bathroom upstairs. It also has a finished basement with a separate entrance. The house in the back is currently set up as 2/1 but can be delivered as a 3 bedroom/2 bathroom duplex. Each building has its own separate heat & hot water and gas & electric meters. After update the property can generate over $5,000 a month; a great cap rate.
Lot size: 50/125
Legal 2 family
SOLD in 2019