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Corner Multifamily Elevator 1810 27th Ave 17 Unit Apartment Building $4,950,000 ($291,176/Unit) 8.04% Cap Rate Astoria, NY 11102

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INVESTMENT HIGHLIGHTS

  • 7.3% cap rate
  • 2005 Construction
  • Tax Abatement until 2033

EXECUTIVE SUMMARY

• Prime Astoria 4-Story Corner Multifamily
• +/- 18,880 Square Feet – Built in 2005
• 17 Apartments & 7 Parking spaces
• 25-year 421a Tax Abatement expiring in 2033
• Located by Astoria Blvd & 27th Ave
• Long Term Ownership – First sale in 20+ Years

PROPERTY FACTS

Price $4,950,000
Price Per Unit $291,176
Sale Type Investment
Cap Rate 8.04%
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.35 AC
Building Size 18,883 SF
No. Stories 4
Year Built 2005
Zoning R6B
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00541-1001
Land Assessment
$103,725
Improvements Assessment
$810,900
Total Assessment
$914,625
  • Listing ID: 34478787

  • Date on Market: 1/14/2025

  • Last Updated:

  • Address: 1810 27th Ave, Astoria, NY 11102

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