Log In/Sign Up
Your email has been sent.
19-17 Ditmars Blvd 19-17 Ditmars Blvd 3,600 SF 100% Leased Retail Building Astoria, NY 11105 $2,700,000 ($750/SF)
INVESTMENT HIGHLIGHTS
- Free-market, renovated residential: 4 upgraded units positioned for stable tenancy and strong rent growth prospects.
- Systems are up to date: Reduced near-term capex risk
- Commercial upside with clean story: Office tenant default provides a path to vacant delivery and re-tenanting.
- Strong neighborhood draw: Half-block to a park and a quick walk/citibike ride to the N/W and R subway, providing fast access into Manhattan.
EXECUTIVE SUMMARY
19-17 Ditmars Blvd is a turnkey, systems-upgraded mixed-use asset in a strong Ditmars/Astoria corridor location. The property features four renovated, free-market apartment units delivered vacant at closing, above a ground-floor commercial space currently built out as an office. The current commercial tenant has not completed tenant improvements or taken possession, creating a near-term opportunity to deliver the commercial space vacant and re-lease at market (or reposition to a more durable neighborhood use).
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,600 SF
Building Class
C
Year Built/Renovated
1931/2017
Price
$2,700,000
Price Per SF
$750
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.65
Lot Size
0.05 AC
Zoning
R5D, C1-3
Frontage
21’ on Ditmars Blvd
Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00892-0094 | Improvements Assessment | $112,508 |
| Land Assessment | $93,552 | Total Assessment | $206,060 |
PROPERTY TAXES
Parcel Number
00892-0094
Land Assessment
$93,552
Improvements Assessment
$112,508
Total Assessment
$206,060
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
19-17 Ditmars Blvd | 19-17 Ditmars Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.