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30-76 33rd St | Astoria NY | 7405847677

Imran Khan

This listing was posted on RealtyWW.

$2,349,000

Rd St, Astoria, Home For Sale

Price:
$2,349,000
BR/BA:
10+ BR, 7 BA
Location:
30-76 33rd St, Astoria, NY
Description:

This exceptional 7-unit apartment building is situated just half a block from vibrant 30th Avenue and only two blocks from the 30th Avenue train station. Located in the heart of Astoria, this prime spot offers convenient access to an array of shopping, dining, and entertainment options. Building Income: The property currently generates $14, 100 in monthly rental income, with five units rent-stabilized and two free market. Four units are currently occupied, averaging $1, 700 per unit. There are three vacant units, two of which can potentially be rented for $2, 800 each. Once all units are leased, the total monthly income will reach $14, 100, resulting in a gross annual income of $169, 000. With estimated expenses at approximately 30%, the property offers a cap rate of around 6%, presenting a strong investment opportunity. Spacious and Renovated Units: Each apartment offers around 925 square feet of living space, featuring two spacious bedrooms, a large living room, a generously sized kitchen, and a full bathroom. Ample closet space is provided in every unit for added convenience. Six of the units have been tastefully renovated with modern upgrades, while the remaining unit is well-maintained and currently occupied. Three of the units are vacant and ready for new tenants, presenting a great opportunity for future owners. Building Features: The building is equipped with a gas boiler and a private water heater, ensuring reliable and efficient utilities. The roof is in excellent condition, providing long-term peace of mind. Don't miss out on this rare opportunity to invest in a prime Astoria location with spacious, well-maintained units and strong rental potential.For more details: https://realtyww.info/homes_astoria-d23841/for-sale_i76312932
Property Type:
Single-Family Houses
Posted:
September 25 on RealtyWW
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More About this Listing: Rd St, Astoria, Home For Sale
Rd St, Astoria, Home For Sale is a 10+ BR 7.5 Bath Single-Family Homes for Sale at 30-76 33rd St in Astoria NY. Find other listings like Rd St, Astoria, Home For Sale and listings near 30-76 33rd St by searching Oodle Classifieds for 10+ BR 7.5 Bath Single-Family Homes for Sale in Astoria NY.