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34-04 28th Ave 7 Unit Apartment Building $2,050,000 ($292,857/Unit) Astoria, NY 11103
Investment Highlights
- Seven-Family Building with Four Fully Renovated Units in the Heart of Astoria
- The property features 1 Free Market Apartment that was permanently exempted back in 2014
- The property is located just one block away from Astoria’s busiest retail corridor and 3 blocks away from the N and W train
- The subject property is on 28th Avenue & 34th Street. Located just one block away from Astoria's busiest retail corridor
- 4 of the 7 units fully renovated with 3 of those units having legal rents over $3,000 a month
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to sell 34-04 28th Ave. The subject property is on 28th Ave and 34th Street. Located just one block away from Astoria’s busiest retail corridor.
The property offers 1 Free market apartment that was permanently exempted back in 2014 and 4 of the 7 units fully renovated with 3 of those units having legal rents over $3,000 a month.
The property is located just one block away from Astoria’s busiest retail corridor and 3 blocks away from the N and W train.
The property offers 1 Free market apartment that was permanently exempted back in 2014 and 4 of the 7 units fully renovated with 3 of those units having legal rents over $3,000 a month.
The property is located just one block away from Astoria’s busiest retail corridor and 3 blocks away from the N and W train.
Property Facts
| Price | $2,050,000 | Apartment Style | Low-Rise |
| Price Per Unit | $292,857 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 7 | Building Size | 6,300 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1921 |
| Zoning | R6A | ||
| Price | $2,050,000 |
| Price Per Unit | $292,857 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,300 SF |
| No. Stories | 3 |
| Year Built | 1921 |
| Zoning | R6A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00628-0017 | Improvements Assessment | $215,852 |
| Land Assessment | $4,393 | Total Assessment | $220,245 |
Property Taxes
Parcel Number
00628-0017
Land Assessment
$4,393
Improvements Assessment
$215,852
Total Assessment
$220,245
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34-04 28th Ave
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