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Investment Highlights

  • location

Executive Summary

Expenses:
Insurance premium: $8862
Property Tax: $51,065
Water bill:$4,479.81
Electric bill Total: $2,310.67
Gas (heating & hot water) bill total $7,407.15
Total Yearly expenses: $74,124.63
Income:
Coffee shop: 12x2185 = $26,220 (exp Dec/2030)
Sidewalk tables: $150x5 (May-September)= $750
Beauty Spa: 12x6200 =$74,400(exp Jan/2031)
Basement storage: 12x1150 =S13,800
Apt 2L(1b1b): 12x2550 =$30,600(exp Mar/2027)
Apt 2R(1b1b): 12x2300 =$27,600 (month to month)
Apt 3L(2b1.5b): 12x2475 =$29,700 (month to month)
Apt 3R(2b1.5b): 12x2600 =$31,200 (month to month)
Total yearly income: $234,270
Net yearly Income:160,145.37

Property Facts

Price $2,650,000
Price Per Unit $662,500
Sale Type Investment
Cap Rate 6.04%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 4,580 SF
No. Stories 3
Year Built 1931
Zoning R6/C4-3 - Approximately 8000 sqft buildable on a corner lot. Please verify with your architect

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
00838-0018
Land Assessment
$37,395
Improvements Assessment
$377,066
Total Assessment
$414,461
  • Listing ID: 33742896

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 29-15 Astoria Blvd, Astoria, NY 11102

Contact the Sale Advisor

4 FAMILIES+2 STORES | 29-15 Astoria Blvd

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