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4511 Broadway
Astoria, NY 11103
Multifamily Property For Sale
·
7 Units
EXECUTIVE SUMMARY
Mixed use Building in Astoria FOR SALE $4,700,000
Welcome to 4511 Broadway mixed used building completed in 2018 with 7 apartments and one commercial space. This well-maintained building offers an ideal investment. There is tax abatement in place. The building features an elevator for added convenience, along with a storage room and bike rack for the tenants. All 7 apartments have washer and dryer. With its proximity to two subway lines (M/R), tenants will enjoy easy access to transportation, making this property highly desirable. The building is fully occupied.
Welcome to 4511 Broadway mixed used building completed in 2018 with 7 apartments and one commercial space. This well-maintained building offers an ideal investment. There is tax abatement in place. The building features an elevator for added convenience, along with a storage room and bike rack for the tenants. All 7 apartments have washer and dryer. With its proximity to two subway lines (M/R), tenants will enjoy easy access to transportation, making this property highly desirable. The building is fully occupied.
PROPERTY FACTS
| Price Per Unit | $642,857 | Building Class | A |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 6.24% | Building Size | 6,791 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2018 |
| Apartment Style | Mid-Rise | ||
| Zoning | R6B - Primarily residential with commercial uses on the street level | ||
| Price Per Unit | $642,857 |
| Sale Type | Investment |
| Cap Rate | 6.24% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.06 AC |
| Building Size | 6,791 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2018 |
| Zoning | R6B - Primarily residential with commercial uses on the street level |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Hardwood Floors
- Stainless Steel Appliances
SITE AMENITIES
- On-Site Retail
- Storage Space
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
PROPERTY TAXES
| Parcel Number | 00711-0004 | Improvements Assessment | $648,202 |
| Land Assessment | $126,698 | Total Assessment | $774,900 |
PROPERTY TAXES
Parcel Number
00711-0004
Land Assessment
$126,698
Improvements Assessment
$648,202
Total Assessment
$774,900
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