Astoria, NY 11103
$1,389,000
***6 Family Building for Sale in Astoria - 7% Cap Rate*** Superbly maintained building offering investors an income generating opportunity without upfront renovation costs. Located in a warm and friendly Astoria neighborhood, one block away from 30th Avenue and a 10-minute walk to the train, this multi-family building experiences continuous tenant demand! SET-UP 1st Floor: (2) One-Bedroom Apartments / 2nd Floor: (1) One-Bedroom Apartment, (1) Two- Bedroom Apartment / 3rd Floor: (1) One-Bedroom Apartment, (1) Two- Bedroom Apartment BASEMENT - Full, Finished OUTDOORS - Backyard, side alley ___CAP RATE: 7%___Lot Size: 26 x 90___Bldg Size: 21 x 70___Taxes: $19,373___Zoning: R5___ Ready for immediate income generation with easy to rent apartments, this building is in great condition. LOCATION This prime Astoria spot is surrounded by popular dining, shopping, and entertainment options and is in a high demand area for renters. TRANSPORTATION Conveniently located just a 10-minute walk from the R/M subway station and walking distance to the N/W trains, providing quick access to Manhattan in under 20 minutes. With Citibike stations and multiple bus lines nearby, residents enjoy numerous transportation options.
Questions on 44-05 28th Avenue, Astoria, NY 11103, or want to see it in person?
Listed by Carmela Homes Corp