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3411 11th St
Astoria, NY 11106
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Offering turn-key living and stable rental income.
Executive Summary
BY APPOINTMENT ONLY — Showings on demand. A superbly and professionally renovated multi-family home offering turn-key living and stable rental income* in Astoria, minutes from Manhattan by subway, bus, and the NYC Ferry system. With a classic brick façade, and stylish contemporary interiors, its generous 27' width makes this an immaculate and sun-filled property ideal for live/rent situations, cap rate–minded investors, and end users seeking flexibility, stability, and long term appreciation. *(Airbnb income currently est. $10,000 per month.) Property highlights include; Delivered vacant - Ready for rental & immediate occupancy, Turn-key 1099 with no tenant holdover risk, Value-add Opportunity- Zoned for growth & addition. This home features Modern Renovations throughout; Quartz countertops, First Floor: Bertazzoni stove, Bosch dishwasher, GE refrigerator. Second Floor: (Frigidaire matching stainless appliances including over-range microwave and 54 decibel super quiet dishwasher with "Max-Dry." Spa-inspired baths with oversized glass showers and lux rainforest shower heads. Gleaming hardwood and CALI laminate floors, new double-paned windows, recessed lighting, Split System AC. Building upgrades include; 75-gal A.O. Smith hot water heater (New 2024). Hi-efficiency gas furnace & Samsung washer/dryer set. Exterior venting for dryers in place. Separate gas/electric meters; Electrical panels under70% capacity. The home also features, Private Outdoor Space and Value Add Opportunity Backyard space for first floor addition with second floor terrace, leaving ample garden area for relaxation and entertaining.
Property Facts
| Price Per Unit | $581,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 8.20% | Building Size | 1,600 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1901 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R5 - Medium Density District with a Height Limit of 40 Feet | ||
| Price Per Unit | $581,667 |
| Sale Type | Investment |
| Cap Rate | 8.20% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 1,600 SF |
| No. Stories | 2 |
| Year Built | 1901 |
| Opportunity Zone |
Yes |
| Zoning | R5 - Medium Density District with a Height Limit of 40 Feet |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Washer/Dryer
- Refrigerator
- Oven
- Range
- Yard
- Double Pane Windows
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
Property Taxes
| Parcel Number | 00326-0022 | Improvements Assessment | $25,897 |
| Land Assessment | $7,775 | Total Assessment | $33,672 |
Property Taxes
Parcel Number
00326-0022
Land Assessment
$7,775
Improvements Assessment
$25,897
Total Assessment
$33,672
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