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31-01 21st St 6 Unit Apartment Building $3,990,000 ($665,000/Unit) Long Island City, NY 11106



Executive Summary
Prime mixed use corner property amazing opportunity for an owner operator of a high-volume pizzeria. Pizzeria for sale separately- pizzeria name/franchise not included in sale. All new units including studios, one-bedrooms, and one-bedrooms with large outdoor space and balconies. Rooftop terrace access also available. Tenants pay own utilities. New kitchens and bath. Fully occupied units commanding high rents- units can be shown.Lots of development in area with tremendous upside. Low taxes.
Property Facts
| Price | $3,990,000 | Building Class | C |
| Price Per Unit | $665,000 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 5,584 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1930/2017 |
| Apartment Style | Mid-Rise | ||
| Zoning | R7A | ||
| Price | $3,990,000 |
| Price Per Unit | $665,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 5,584 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1930/2017 |
| Zoning | R7A |
Amenities
Unit Amenities
- Balcony
- Heating
- Freezer
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Storage Space
- Public Transportation
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 00552-0018 | Improvements Assessment | $366,077 |
| Land Assessment | $28,213 | Total Assessment | $394,290 |
Property Taxes
Parcel Number
00552-0018
Land Assessment
$28,213
Improvements Assessment
$366,077
Total Assessment
$394,290
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31-01 21st St
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