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3625 30th St 6 Unit Apartment Building $1,499,000 ($249,833/Unit) 6.38% Cap Rate Long Island City, NY 11106
EXECUTIVE SUMMARY
Welcome to this beautifully maintained 6 Family building situated in Long Island City. This walk up building offers 6 beautifully maintained one bedroom apartments. Some of the units feature new flooring, lighting and appliances. Some units offer generously sized windowed eat-in kitchen/living areas with ample cabinet spaces and closets for additional storage. Loved and cherished for generations, this income producer has been taken care of and ready for its new owner to take over. This building is conveniently located just one block from shops, restaurants and access to the N/W 36th Avenue Subway Station. Experience a seamless commute with only two stops to Manhattan. Heat and hot water are included in all rentals.
PROPERTY FACTS
| Price | $1,499,000 | Building Class | C |
| Price Per Unit | $249,833 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 3,645 SF |
| Cap Rate | 6.38% | Average Occupancy | 72% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1921 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R5 - R5 - Medium density district with a height limit of 40 feet | ||
| Price | $1,499,000 |
| Price Per Unit | $249,833 |
| Sale Type | Investment |
| Cap Rate | 6.38% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,645 SF |
| Average Occupancy | 72% |
| No. Stories | 3 |
| Year Built | 1921 |
| Opportunity Zone |
Yes |
| Zoning | R5 - R5 - Medium density district with a height limit of 40 feet |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 6+1 | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 00599-0021 | Improvements Assessment | $152,771 |
| Land Assessment | $2,214 | Total Assessment | $154,985 |
PROPERTY TAXES
Parcel Number
00599-0021
Land Assessment
$2,214
Improvements Assessment
$152,771
Total Assessment
$154,985
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3625 30th St
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