6 Family + 1 Commercial 4605 30th Ave 7 Unit Apartment Building $2,400,000 ($342,857/Unit) 6.29% Cap Rate Astoria, NY 11103
INVESTMENT HIGHLIGHTS
- 6 residential Plus a legal one 1,100sq office space
- Rated a Walker's and Rider's Paradise: 0.4-miles away from transit/subway and 2.2-miles away from commuter rail.
EXECUTIVE SUMMARY
We are thrilled to present exceptional location with remarkable growth potential. All 3 floors of lobby fully Renovated. 1,000 sq ft of retail space on the ground floor. Building comes with 6 total Rent Stabilized Units with additional legal office space Rented as a after school center Portfolio has high add-in income potential with preferential rents which could be brought to legal rent value adding over net $40k to the overall net income. Building has been managed and owned by the same owner for over 28+ years.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Basement
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 of 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (99)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $328,138 | |
| Land Assessment | $6,298 | Total Assessment | $334,436 |
CONTACT
-
Salvatore Gioino - Gioino, Salvatore
