3440 32nd St
Astoria, NY 11106
Land For Sale
·
0.06 AC
Investment Highlights
- 25' x 100' Lot Zoned R-5 In-Fill
- Occupied month to month & Cash-Flowing - Can Be delivered Vacant
- Easy to Finance -Single Family Home with 3 Car-Garage
- Located 2 Blocks from N&W Broadway or 36 Ave Strain Station
- Average Nearby Condo Sellout $1,400 /SF
Property Facts
| Property Type | Land | Proposed Use | Apartment Units - Condo |
| Property Subtype | Residential | Total Lot Size | 0.06 AC |
| Zoning | R5 - Medium density district with a height limit of 40 feet | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.06 AC |
| Zoning | R5 - Medium density district with a height limit of 40 feet |
Description
One family home with 3 car garage located just two blocks from the Broadway and 36th Ave N/W train stations, this property offers an excellent opportunity to make it your own, with plenty of room for expansion, enlargement, or development into a condo building. Whether you’re looking to gut-renovate and live yourself, enlarge the existing structure, or build a new building, this property is ideal! Enjoy rental income from month-to-month tenants while finalizing approvals and preparing for construction. Alternatively, the property can be delivered vacant upon request. Property Details: Detached Single-Family Home with a three-car garage Annual Rental Income: Approximately $55,000 from month-to-month tenants Low Property Taxes: Only $5,900 per year Development Advantage: Generates income while awaiting approvals, reducing carrying costs and allowing for better financing terms The property can be delivered vacant! Please do not disturb tenants or visit the home without the listing broker present.
