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Investment Highlights

  • "Vacant, Renovated, Ready to Convert — LIC/Astoria" Lender Needs out!

Executive Summary

Bank Owned Opportunity!
Astoria/LIC 6 Unit Free Market FOR SALE!
This is a great CONDO coversion or make it a renal Cash Cow!
Presenting a remarkable investment opportunity Astoria, NY —Gut RENOVATED renovated six-unit apartment building Prior to 2019 nestled in the heart of Astoria. This property offers six free-market apartments, providing flexibility for potential rental income. The building spans 5,570 square feet.

Property Facts

Price $2,500,000
Price Per Unit $416,667
Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
  • REO Sale
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,570 SF
Average Occupancy 0%
No. Stories 3
Year Built/Renovated 1928/2019
Zoning R5 - R5 Zoning in NYC is a low density contextual residential zoning district
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
00697-0089
Land Assessment
$3,212
Improvements Assessment
$187,683
Total Assessment
$190,895
  • Listing ID: 35267105

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 3060 44th St, Astoria, NY 11103

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