Melissa Miorin Sutton

1409 Pinson , Far Rockaway, NY 11691

New - 1 Hour Ago
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Property Description

Legal 3 Family, Good Property to own live in one apartment and rent the other two or keep as investment. PROJECTION:FLOOR-1 TWO BEDROOMS $2,500 Mo.FLOOR-2 THREE BEDROOMS $3,500 Mo. FLOOR-3 THREE BEDROOMS $3,500 Mo.Tot. Year inclome: $114,000Tot. Year Expense: $17,000 (taxes, Ins., Heat) NOI: $97,000 Yr. (Net)appx. 8% Cap rateLease and resell for new value with a 5% Cap rate for $1,940,000 -- Retun profit of $699,000 within 6 months to 1 year.The information has ben provided by the seller and has not been verified bythe Broker. Information is deemed reliable but not guaaranteed.

1409 Pinson | MLS# 1024932

This multi-family property located at 1409 Pinson , Far Rockaway, NY 11691 is currently listed for sale with an asking price of $1,250,000. Pinson is located within the Queens 27 school district. Search Far Rockaway real estate on melissa-sutton.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Cooling: Separate Meters
Heating: Baseboard, Natural Gas
Taxes: $6,070
Year Built: 2005

Amenities

First Floor Bedroom

Feature Descriptions

Exterior: Block, Brick
On Market Date: 2026-07-12
Parking Features: Driveway
Parking Total: 4
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Water: Public

Local Schools

High School: Channel View School For Research
Middle School: Jhs 216 George J Ryan
Elementary School: Pioneer Academy
School District: Queens 27

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Estimated Payment

$ 3,652.37 per month $2,781.96 Principal & Interest $505.83 Property Tax $364.58 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Voro LLC
Agency Contact: 917-385-2992

Shown By

Agent Name: Melissa Miorin Sutton
Agent Phone: (518) 505-3521 Cell
Agency Title: Coldwell Banker Prime Properties

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