NY
Queens
Far Rockaway
11691
1409 PINSON ST
1409 PINSON ST, Far Rockaway, NY 11691
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Listing Type
Multi Family
Listing Status
Active
1
$1,250,000

Home Details for 1409 PINSON ST

Price
$1,250,000
Type
Residential Income
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Year built
2005
County
Queens
MLS Listing#
1024932
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: $114,000 Tot. Year Expense: $17,000 (taxes, Ins., Heat) NOI: $97,000 Yr. (Net) appx. 8% Cap rate Lease 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.

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
  • Heating Information
    • Baseboard
    • Natural Gas
  • Cooling Information
    • Separate Meters
  • Water Features
    • Public
  • Parking
    • Driveway
School Information
School Information for 1409 PINSON ST, Far Rockaway, NY 11691
Elementary School
Pioneer Academy
Middle School
Jhs 216 George J Ryan
High School
Channel View School For Research
Listing Courtesy: Voro LLC - 877-943-8676
Presented by: Arelys R. Zapata
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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Median Listing Price
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EXIT REALTY DKC
3825 East Tremont Ave, Bronx, NY 10465
Justin Simmons
Associate Broker
Office
718 676 1371
Agent
917 254 2103
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