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3067 14th St 7 Unit Apartment Building $4,500,000 ($642,857/Unit) Astoria, NY 11102
Executive Summary
Excellent investment opportunity to own a **7-unit mixed-use building** in the heart of Astoria.
This income-producing property consists of **4 residential apartments and 3 commercial units**, offering a strong and diversified revenue stream. The residential units provide stable rental income, while the commercial spaces benefit from strong street presence and consistent foot traffic. Conveniently located near transportation, shopping, dining, and the waterfront, the property is positioned in a highly desirable and active neighborhood. Ideal for investors seeking a well-located asset with steady income and long-term growth potential.
**Building Details:**
* Total Units: 7
* Residential Units: 4
* Commercial Units: 3
* Property Type: Mixed-Use
This income-producing property consists of **4 residential apartments and 3 commercial units**, offering a strong and diversified revenue stream. The residential units provide stable rental income, while the commercial spaces benefit from strong street presence and consistent foot traffic. Conveniently located near transportation, shopping, dining, and the waterfront, the property is positioned in a highly desirable and active neighborhood. Ideal for investors seeking a well-located asset with steady income and long-term growth potential.
**Building Details:**
* Total Units: 7
* Residential Units: 4
* Commercial Units: 3
* Property Type: Mixed-Use
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$205,800
|
$34.30
|
| Other Income |
$9,600
|
$1.60
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$215,400
|
$35.90
|
| Taxes |
$26,242
|
$4.37
|
| Operating Expenses |
$10,000
|
$1.67
|
| Total Expenses |
$36,242
|
$6.04
|
| Net Operating Income |
$179,158
|
$29.86
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $205,800 |
| Annual Per SF | $34.30 |
| Other Income | |
|---|---|
| Annual | $9,600 |
| Annual Per SF | $1.60 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $215,400 |
| Annual Per SF | $35.90 |
| Taxes | |
|---|---|
| Annual | $26,242 |
| Annual Per SF | $4.37 |
| Operating Expenses | |
|---|---|
| Annual | $10,000 |
| Annual Per SF | $1.67 |
| Total Expenses | |
|---|---|
| Annual | $36,242 |
| Annual Per SF | $6.04 |
| Net Operating Income | |
|---|---|
| Annual | $179,158 |
| Annual Per SF | $29.86 |
Property Facts
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 00535-0017 | Total Assessment | $210,967 (2026) |
| Land Assessment | $2,347 (2026) | Annual Taxes | $26,242 ($4.37/SF) |
| Improvements Assessment | $208,620 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
00535-0017
Land Assessment
$2,347 (2026)
Improvements Assessment
$208,620 (2026)
Total Assessment
$210,967 (2026)
Annual Taxes
$26,242 ($4.37/SF)
Tax Year
2025
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3067 14th St
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