SMART INVESTMENT OPPORTUNITY - 5.2% CAP RATE EXCELLENT MIX-USE PROPERTY IN ASTORIA, QUEENS ZONING: C4-2A / MAX RES. FAR: 3.0 / MAX COMM. FAR: 3.0 / Total Buildable ~5,960 square feet Presenting an opportunity to own a lucrative piece of Astoria real estate with great up-side potential. EXCELLENT ASTORIA LOCATION Situated right on Broadway, in the HEART of Astoria- this location sees incredibly high foot-traffic on one of the most popular main boulevards in Queens. Just steps from the N/W subway station (only 15 minutes to Manhattan). The area is comprised of an array of great restaurants, retail shops and entertainment. An incredible buy for the savvy investor! Net Operating Income: $155,898 (w/upside potential) Expenses: $21,702 Total Taxes: $19,300 *(Tenants pay for all utilities and partial property tax) Zoning: C4-2A Lot Size: 19.25 ? 103 Building Size: 19.25 ? 55 SETUP: 1st Floor: Commercial/Currently Restaurant 2nd Floor: 3 Bedroom Apartment / 1,050 sqft 3rd Floor: 3 Bedroom Apartment / 1,050 sqft FULL BREAKDOWN AND ADDITIONAL DETAILS AVAILABLE ~All material has been compiled from sources deemed reliable but not guaranteed., Additional information: Building Size:19.33' X 55',Office Pct.:0,Rental Income:Y,vac_perc:0
The median home value in New York, NY is $552,800. This is lower than the county median home value of $1,187,100. The national median home value is $338,100. The average price of homes sold in New York, NY is $552,800. Approximately 11.79% of New York homes are owned, compared to 78% rented, while 10.22% are vacant. New York real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New York real estate agent to arrange a tour today!
New York, New York 10031 has a population of 62,382. New York 10031 is less family-centric than the surrounding county with 22.09% of the households containing married families with children. The county average for households married with children is 25.3%.
The median household income in New York, New York 10031 is $57,180. The median household income for the surrounding county is $93,956 compared to the national median of $69,021. The median age of people living in New York 10031 is 35.4 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 49.6 inches per year, with 25.8 inches of snow per year.