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3230 41st St 20 Unit Apartment Building $8,100,000 ($405,000/Unit) 6.25% Cap Rate Long Island City, NY 11103
EXECUTIVE SUMMARY
The Amber located at 32-30 41st Street is a fully remodeled boutique luxury loft building in the heart of Astoria and conveniently located a few blocks from the subway.
All apartments have been fully updated and the design modernized with the units now featuring elegant condo finishes and only the highest quality materials with Italian-made cabinetry, oak flooring, and Carrara marble-inspired bathrooms.
Renovated Unit Features:
• Engineer Hard Hardwood Floors
• Recessed Lighting
• Quartz Countertops
• Brand New Panelled Appliances
• Custom Kitchen Cabinets
• Luxury Bathroom with Ceramic Tile-work
• Whisper Quiet Split Unit HVAC System
• Livingroom Equipped with 52” LED Smart TV
All apartments have been fully updated and the design modernized with the units now featuring elegant condo finishes and only the highest quality materials with Italian-made cabinetry, oak flooring, and Carrara marble-inspired bathrooms.
Renovated Unit Features:
• Engineer Hard Hardwood Floors
• Recessed Lighting
• Quartz Countertops
• Brand New Panelled Appliances
• Custom Kitchen Cabinets
• Luxury Bathroom with Ceramic Tile-work
• Whisper Quiet Split Unit HVAC System
• Livingroom Equipped with 52” LED Smart TV
PROPERTY FACTS
| Price | $8,100,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $405,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 6.25% | Building Size | 10,000 SF |
| No. Units | 20 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R5 | ||
| Price | $8,100,000 |
| Price Per Unit | $405,000 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 10,000 SF |
| No. Stories | 4 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | R5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Quartz Countertops
SITE AMENITIES
- 24 Hour Access
- Smoke Free
- Elevator
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 20 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 00676-0063 | Improvements Assessment | $857,860 |
| Land Assessment | $73,800 | Total Assessment | $931,660 |
PROPERTY TAXES
Parcel Number
00676-0063
Land Assessment
$73,800
Improvements Assessment
$857,860
Total Assessment
$931,660
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3230 41st St
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