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Listing Courtesy of Corcoran Group
$ 1,450,000
Est. payment | /mo
7 Beds
6 Baths
$ 1,450,000
Est. payment | /mo
7 Beds
6 Baths
Key Details
Property Type Condo
Sub Type coops
Listing Status Active
Purchase Type For Sale
Subdivision Forest Hills
MLS Listing ID RLS20063901
Bedrooms 7
HOA Fees $7,301/mo
HOA Y/N Yes
Year Built 1932
Property Sub-Type coops
Property Description
PORTFOLIO COLLECTION - FOUR APARTMENTS INCLUDED (#3A, #5F, #5H, #6E) NO BOARD APPROVAL!
PLEASE NOTE THIS IS A COOPERATIVE, THE SHARES ARE LISTED AS THE COMBINED AMOUNT
1) Unit 3A - Rent Controlled (Occupied)
2 Bedrooms, 2 Bathrooms
Maintenance: $2,211.25
Rent: $686.18
Notes: Exceptionally low stabilized rent; long-term upside upon vacancy. Includes private storage.
2) Unit 5F - Free Market (Occupied)
1 Bedroom, 1 Bathroom
Shares: 240
Maintenance: $1,455.00
Rent: $1,950.00
Status: Free Market; consistent rent roll. Includes private storage.
3) Unit 5H - Rent Controlled (Occupied)
3 Bedrooms, 2 Bathrooms
Shares: 460
Maintenance: $2,587.50
Rent: $2,357.40
Status: Rent Controlled; tenant pays via check. Long-term upside. Includes private storage.
4) Unit 6E - Free Market
1 Bedroom, 1 Bathroom
Shares: 265
Maintenance: $1,489.38
Rent: Market rent potential approx. $2,350+
Status: Free Market & Vacant-ideal for renovation and premium leasing.
KEY INVESTMENT HIGHLIGHTS
Bundle-Only Sale: All four units conveyed together by the Estate.
Strong Mix: Rent-controlled + free-market units providing both stability and upside.
Vacant Unit Included: Immediate opportunity to renovate, reposition, and capture market rent.
Prime Location: Forest Hills Gardens-exclusive, private, landmarked community known for long-term tenant retention.
Co-op with Storage Rooms: Each unit includes additional storage space.
Excellent Transportation: LIRR at Station Square; E/F subway minutes away.
Pre-War Charm: Elevator building with original architectural details and well-maintained common areas.
PLEASE NOTE THIS IS A COOPERATIVE, THE SHARES ARE LISTED AS THE COMBINED AMOUNT
1) Unit 3A - Rent Controlled (Occupied)
2 Bedrooms, 2 Bathrooms
Maintenance: $2,211.25
Rent: $686.18
Notes: Exceptionally low stabilized rent; long-term upside upon vacancy. Includes private storage.
2) Unit 5F - Free Market (Occupied)
1 Bedroom, 1 Bathroom
Shares: 240
Maintenance: $1,455.00
Rent: $1,950.00
Status: Free Market; consistent rent roll. Includes private storage.
3) Unit 5H - Rent Controlled (Occupied)
3 Bedrooms, 2 Bathrooms
Shares: 460
Maintenance: $2,587.50
Rent: $2,357.40
Status: Rent Controlled; tenant pays via check. Long-term upside. Includes private storage.
4) Unit 6E - Free Market
1 Bedroom, 1 Bathroom
Shares: 265
Maintenance: $1,489.38
Rent: Market rent potential approx. $2,350+
Status: Free Market & Vacant-ideal for renovation and premium leasing.
KEY INVESTMENT HIGHLIGHTS
Bundle-Only Sale: All four units conveyed together by the Estate.
Strong Mix: Rent-controlled + free-market units providing both stability and upside.
Vacant Unit Included: Immediate opportunity to renovate, reposition, and capture market rent.
Prime Location: Forest Hills Gardens-exclusive, private, landmarked community known for long-term tenant retention.
Co-op with Storage Rooms: Each unit includes additional storage space.
Excellent Transportation: LIRR at Station Square; E/F subway minutes away.
Pre-War Charm: Elevator building with original architectural details and well-maintained common areas.
Location
Rooms
Basement Other
Interior
Fireplace No
Laundry Building None
Exterior
Exterior Feature None
View Y/N Yes
View City
Porch None
Private Pool No
Building
Dwelling Type High Rise
Story 6
New Construction No
Others
Pets Allowed Pets Allowed
Ownership Stock Cooperative
Monthly Total Fees $7, 301
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by eXp Realty