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25-04 44th St
Astoria, NY 11103
25-04 44th Street · Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 14,400 SF |
| Property Subtype | Apartment | Average Occupancy | 87% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built | 1928 |
| Zoning | R5 - R5 - Medium density district with a height limit of 40 feet | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 14,400 SF |
| Average Occupancy | 87% |
| No. Stories | 4 |
| Year Built | 1928 |
| Zoning | R5 - R5 - Medium density district with a height limit of 40 feet |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Handrails
- Trash Compactor
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Renters Insurance Program
- Hearing Impaired Accessible
- Maintenance on site
- Multi Use Room
- Online Services
- Vision Impaired Accessible
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
ABOUT 25-04 44TH ST , ASTORIA, NY 11103
All free market units have been newly renovated with excellent craftsmanship and attention to detail. They feature hardwood floors and stone countertops justifying top-of-the-market rents. This asset is a rare combination of a pre-war exterior with a beautifully updated interior. All residential units have been fully gut renovated and are achieving market rents with the exception of apartment 5 & 11, allowing the owner to instantly capitalize on Astoria’s projected rent growth. This building features a diverse and attractive mix consisting of 7 two-bedrooms ($2,293/avg), 6 three-bedrooms ($2,933/avg), and 1 one-bedroom ($2,100/avg). The building is operating very efficiently, with strong and consistent cashflow.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 7 | - | - |
| 3+2 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 00697-0073 | Improvements Assessment | $156,115 |
| Land Assessment | $2,948 | Total Assessment | $159,063 |
PROPERTY TAXES
