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76-18 Grand Central Pky
Forest Hills, NY 11375

$1,680,000 USD

Apartments For Sale  •  5,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,400 SF
  • Lot Size 0.07 AC
  • Building Class B
  • Year Built 1989
  • Cap Rate 6.26 %
  • Zoning R6
100 Transit Score
93 Walk Score

Highlights

- Lot Size 30X100.Zone R6
- All tenants are responsible for their own utilities & heat except water.
- Very Easy to rent and now are all occupied !
- Convenient Located In The Heart of Forest Hills.- 2 Blocks To Subway & buses. 10 minute to LIRR train.
- Minutes to Manhattan, JFK Airport, LaGuardia Airport, Flushing Meadow Park & Shea Stadium
- EZ access to major highways 495 & Grand Central Pkwy. - Must See!

Financial Summary (Actual)

Net Operating Income: $105,127 USD (2025)
Cap Rate: 6.26 %
Total Expenses: $71,393 USD

Major Tenants

Tenant SF Occupied Lease End Date
Yangzi River Inc

Amenities

  • Balcony
  • Laundry Facilities
  • Gas Range
  • Refrigerator
  • Oven

Public Transportation

Commuter RailDriveWalkDistance
Forest Hills Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 3 min 15 min 0.8 mi
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 3 min 16 min 0.9 mi
Transit/SubwayDriveWalkDistance
75 Avenue (E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
Kew Gardens-Union Turnpike (E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway)) 5 min 7 min 0.4 mi
Forest Hills-71 Avenue (E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 14 min 0.7 mi
Briarwood-Van Wyck Boulevard (E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
LaGuardia 13 min - 6.7 mi
John F Kennedy International 10 min - 7.1 mi
Newark Liberty International 39 min - 25.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Alice Wong 718-762-2288 Block & Lot Services Inc
Alice Wong 718-762-2288 Block & Lot Services Inc