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2151 48th St 3 Unit Apartment Building $1,698,000 ($566,000/Unit) 5% Cap Rate Astoria, NY 11105
Investment Highlights
- Rare Astoria property with two homes on one 40’ x 100’ lot (front 2-family + detached rear 1-family) offering strong income potential.
Property Facts
| Price | $1,698,000 | Apartment Style | Low-Rise |
| Price Per Unit | $566,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5% | Building Size | 2,212 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 0.45/1,000 SF |
| Zoning | R4 - A low-density residential zoning district in NYC allowing one- to two-family detached, semi-detached, and attached houses, along with small multi-family residences. | ||
| Price | $1,698,000 |
| Price Per Unit | $566,000 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,212 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.45/1,000 SF |
| Zoning | R4 - A low-density residential zoning district in NYC allowing one- to two-family detached, semi-detached, and attached houses, along with small multi-family residences. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 7+5 | 3 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00760-0014 | Improvements Assessment | $43,323 |
| Land Assessment | $8,699 | Total Assessment | $52,022 |
Property Taxes
Parcel Number
00760-0014
Land Assessment
$8,699
Improvements Assessment
$43,323
Total Assessment
$52,022
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2151 48th St
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