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3602 36th Ave 3 Unit Apartment Building $3,490,000 ($1,163,333/Unit) Astoria, NY 11106

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Investment Highlights

Great corner location with high visibility
Potential for new development

Income producing (fully leased)

Executive Summary

This income producing Multi-family building with commercial retail is an investors dream. Fully occupied apartments and commercial anchor tenant has a few years left on lease.
*Bonus- garage with 3 doors currently used for storage. The garage could be demolished to make way for a 10 Family residential building.
Contact agent for more details
Annual taxes $9,310.00
Lot 25 x 92 SF

Property Facts

Price	$3,490,000	Building Class	C
Price Per Unit	$1,163,333	Lot Size	0.06 AC
Sale Type	Investment	Building Size	2,310 SF
Sale Conditions	1031 Exchange Redevelopment Project	Average Occupancy	100%
No. Units	3	No. Stories	2
Property Type	Multifamily	Year Built	1901
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	M1-1 - M1 - districts typically include light industrial uses, such as woodworking shops, repair shops, and wholesale service and storage facilities.

Price	$3,490,000
Price Per Unit	$1,163,333
Sale Type	Investment
Sale Conditions	1031 Exchange Redevelopment Project
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.06 AC
Building Size	2,310 SF
Average Occupancy	100%
No. Stories	2
Year Built	1901
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M1-1 - M1 - districts typically include light industrial uses, such as woodworking shops, repair shops, and wholesale service and storage facilities.

Unit Amenities

Kitchen

Refrigerator

Oven

Tub/Shower

Site Amenities

On-Site Retail

Storage Space

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
1+1	3	-	-

1 1

Exceptionally walkable

100/100

Fairly drivable

50/100

Exceptional public transit

100/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	00636-0027	Improvements Assessment	$50,670
Land Assessment	$28,911	Total Assessment	$79,581

Property Taxes

Parcel Number

00636-0027

Land Assessment

$28,911

Improvements Assessment

$50,670

Total Assessment

$79,581

(917) 977-1507

Contact

Roz Khan
Marquee Realty

Listing ID: 35951399
Date on Market: 5/22/2025
Last Updated:
Address: 3602 36th Ave, Astoria, NY 11106

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