Brick 9-Unit Apartment
For Sale
$1,998,000
9926 41st Ave, Queens, NY 11368
Solid brick 9-family building with newly updated electrical wiring and most units recently renovated.
Property Size7,600 SF
Days on Market93
Property Features for 9926 41st Ave
General Information
Standard status
Active
Size
7,600 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$31,300
Building Details
Building Size
7,600 SF
Year Built
1931
Units
9
Listing Agency:
Billion Homes Realty Corp
Listed By:
Xin Zhang · License #10301223521
(917) 900-8066
Source:
Elliman
Added: Jul 20
Changed: Oct 5
Last Checked: Oct 19 at 8:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Billion Homes Realty Corp
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Investment Insights
Based on property information with market context.
This solid brick 9-family apartment building is offered for sale with updates including all-new electrical wiring. Most units have been recently renovated, supporting a residential income profile. All units are currently occupied on a month-to-month basis, providing flexibility for future ownership.
The property is located in Queens, NY, with convenient transit access described as a 3-minute walk to the #7 subway station. The building is positioned for tenants who value walkability and nearby everyday amenities.
From a layout standpoint, the building is structured to operate as nine separate units within a single brick structure, making it well-suited for buyers seeking a multi-unit residential asset with unit-level turnover potential given the current occupancy terms.
The property is located in Queens, NY, with convenient transit access described as a 3-minute walk to the #7 subway station. The building is positioned for tenants who value walkability and nearby everyday amenities.
From a layout standpoint, the building is structured to operate as nine separate units within a single brick structure, making it well-suited for buyers seeking a multi-unit residential asset with unit-level turnover potential given the current occupancy terms.
Key Highlights
- Solid brick 9‑family building built in 1931
- Most units recently renovated, with all‑new electrical wiring throughout
- Cap rate over 7% with stable rental income
Location Intelligence
Trade Area within ½ mile
6,601
Businesses Nearby
Explore this area
Business Placement
Demographics for 11368, NY
117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Solid brick 9-family building with newly updated electrical wiring and most units recently renovated.
Where is this apartment building located?
The property is located at 9926 41st Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: Solid brick 9‑family building built in 1931; Most units recently renovated, with all‑new electrical wiring throughout; Cap rate over 7% with stable rental income
