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4111 28th Ave 23 Unit Apartment Building Offered at $4,200,000 at a 6.26% Cap Rate Astoria, NY 11103
EXECUTIVE SUMMARY
Now Available , Income producing asset in the heart of Astoria, one of Queens' most dynamic and in demand neighborhoods. This well- maintained 23- Unit Building features a desirable mix of one, two, and three bedroom apartments- all fully leased -making it a turn-key investment with strong in-place income and long-term growth potential.
Located at 41-11 28th Avenue, the property sits on a quiet, -tree lined block just moments from the bustling 30th Avenue and Broadway corridors, known for their vibrant dining, shopping, and cafe culture. Residents enjoy easy access to public transportation- including the N,W, R/M subway lines, offering a fast commute to Midtown Manhattan - as well as proximity to neighborhood staples such as Astoria Park, Museum of the Moving Image, and Kaufman Astoria Studios.
This property presents a rare opportunity to own a stable, appreciating asset in one of New York City's most desirable and livable enclaves.
Located at 41-11 28th Avenue, the property sits on a quiet, -tree lined block just moments from the bustling 30th Avenue and Broadway corridors, known for their vibrant dining, shopping, and cafe culture. Residents enjoy easy access to public transportation- including the N,W, R/M subway lines, offering a fast commute to Midtown Manhattan - as well as proximity to neighborhood staples such as Astoria Park, Museum of the Moving Image, and Kaufman Astoria Studios.
This property presents a rare opportunity to own a stable, appreciating asset in one of New York City's most desirable and livable enclaves.
PROPERTY FACTS
| Price | $4,200,000 | Property Type | Multifamily |
| Price Per Unit | $182,609 | Building Size | 17,270 SF |
| Sale Type | Investment | No. Stories | 5 |
| Cap Rate | 6.26% | Year Built | 1924 |
| No. Units | 23 |
| Price | $4,200,000 |
| Price Per Unit | $182,609 |
| Sale Type | Investment |
| Cap Rate | 6.26% |
| No. Units | 23 |
| Property Type | Multifamily |
| Building Size | 17,270 SF |
| No. Stories | 5 |
| Year Built | 1924 |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (70)
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4111 28th Ave
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