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4 FAMILIES+2 STORES 29-15 Astoria Blvd 4 Unit Apartment Building $2,650,000 ($662,500/Unit) 6.04% Cap Rate Astoria, NY 11102



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
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
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00838-0018 | Improvements Assessment | $377,066 |
| Land Assessment | $37,395 | Total Assessment | $414,461 |
Property Taxes
Parcel Number
00838-0018
Land Assessment
$37,395
Improvements Assessment
$377,066
Total Assessment
$414,461
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4 FAMILIES+2 STORES | 29-15 Astoria Blvd
