Astoria NY Multi Family for Sale

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Legal 2 Family. 25x85 Lot - R6B, C4-3 Zoning. 10,200 Buildable sf. Tenant occupied- lease ending 2/2025. All info deemed accurate but should be independently verified.

ADDITIONAL INFORMATION

Dakis & Team of eXp Realty is pleased to offer for sale a Free Market, three-story walk-up building in the highly sought-after Old Astoria neighborhood of Queens. Built in 1990, this well-maintained property spans approximately 4,425SF with six residential units, providing a strong investment opportunity. Located between the East River waterfront and Vernon Boulevard, the building is near major attractions and amenities. Old Astoria is a rapidly growing area, with new developments like the 647-unit Halletts Point set to further increase rental demand. With 12 years of consistent cash flow, this property offers investors a solid foundation for stable returns and long-term appreciation in one of Astoria's most promising locations. Income and Expenses as well as additional photos of the property upon request.

ADDITIONAL INFORMATION

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 $15,990 in monthly rental income, with five units rent-stabilized and two free market. Four units are currently occupied, averaging $1,672 per unit. There are three vacant units FREE MARKET, which can potentially be rented for $31,00 each ( Current Market rent for four room two Bedrooms are between $33,00 to $37,00. Once all units are leased, the total monthly income will reach $15,990, resulting in a gross annual income of $191,880.000. 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.

ADDITIONAL INFORMATION

Great Investment Opportunity in Prime Area just minutes away from NYC.. This is an investors delight in the heart of Astoria. This 6 family consists of 6 renovated apartments. 5 -2 Bedrooms Apartments and an a 1 Bedroom Several apartments have been fully renovated with new kitchens and bathrooms. All other's are in excellent condition. All apartments have large rooms with high ceilings. The basement has 2 separate entrances and is the entire length of the building. The property is well maintained and close to shops and public transportation.

ADDITIONAL INFORMATION

A Gorgeous 3-Story Legal 2 Family Townhouse, in the Heart of Astoria, 1 Block from The Water. Come See This Rare Multi-Family Property Featuring 3 Bedroom Over 2 Bedroom Over A Ground Level Unit. Beautiful High Ceilings, Tons of Natural Light, & Spacious Areas for Enjoyment. The Ground Level Has 2 Separate Entrances, From the Front & Rear. The Kitchens Have Been Removed to Give You a Head Start. Bring Your Imagination & Design Ideas. Sitting on A Gorgeous 25 x 150.75 Lot, with R5B Zoning For Development Opportunities. There Are 3 Gas Meters and 3 Electric Meters. Great For Income! Come See This Gem Before Its Too late.

ADDITIONAL INFORMATION

All apartments are non-stabilized with month-to-month leases.

ADDITIONAL INFORMATION

Introducing an exquisite investment property, encompassing the epitome of modern living in the heart of Astoria. This stunning 7-unit building seamlessly blends contemporary design with urban convenience. Built in 2018, this building redefines city living with its sleek design and prime location a few blocks from Astoria Park. As you step inside, you are greeted with an open lobby with modern finishes. Adding an element of luxury, the first-floor unit is complete with a private backyard, a rare commodity for urban dwellers seeking both indoor and outdoor living spaces. This building boasts a coveted rooftop with its penthouse units, offering panoramic views of the New York City skyline. Only steps away to Sculpture Park, local bus stops, Astoria Ferry and a short walk to the N/W train making it easily accessible to Manhattan. This property is for investors looking for a luxury building in a prime Astoria location with a stable rental income. Do not miss out on this incredible investment opportunity!

ADDITIONAL INFORMATION

Welcome to this charming brick 3-family home nestled in the heart of Astoria, Queens. As you step inside, you're greeted by warm hardwood floors that span throughout, complemented by ample natural light filtering in through large windows, creating an airy and welcoming atmosphere. Each unit offers its own unique layout, providing versatility for various living arrangements. Outside, the property boasts a great backyard, ideal for outdoor dining, gardening, or simply enjoying the fresh air. Additional amenities include a detached 3 car garage and bridge views!. Conveniently located 1/2 block from Astoria Park, schools, parks, shopping, and dining options, this home offers the best of both worlds - a peaceful retreat away from the hustle and bustle, yet close to everything you need for modern living. Don't miss your chance to own this versatile and timeless brick 3-family home - schedule your showing today!

ADDITIONAL INFORMATION

An Income Producing 4-Family Building, A Great Investment with Rental Income. Each Unit has separate entrances, thermostats, kitchens and living areas. Rental Income $8000/mo, But Can Be Increased To Market Rents. Right Outside of Manhattan, And Next To Major Parkways, Transportation, LIRR, MTA "N" & "Q" Train, Shopping. Close To Astoria Park, Hallets Cove Playground, Socrates Sculpture Park, John Jay Park, Carl Schurz Park. 4 Units/2 Stories Bsmt/Subfl:Full Finished...Duplex With 1st Floor...Front House 1st Floor:3Br's///Lr, Dr, Kit, Full Bath...Front House>> 2nd Floor:2Br's, Lr, Eik, Full Bath...Front House>> 3rd Floor:Rear House>>>2(1)Br's,Lr,Kit,Full Bath..No Bsmt>> Located in northwest Queens, Astoria is situated right outside of Manhattan. Lively and welcoming, down-to-earth and diverse, Astoria provides varied culinary options, great shopping, and relatively quiet residential streets.

ADDITIONAL INFORMATION

*Smart Investment Opportunity - New to the Market in the trendy Hallet's Cove area of Astoria/LIC* This 4 Family property has great income potential. It features 4 railroad style 2-Bedroom apartments each with kitchen, living room, and a full bath. This property sits on an extra-large 25 x 153 lot on a nice, tree-lined block. Lots of natural light with Northern exposure. Large, full, unfinished basement. Extra large backyard (25x153 lot). *Recent Updates:* The boiler, rubber roof and siding were all redone within the last 5 years. All windows are new, and all bathrooms were renovated four years ago. (Apartments need some upgrading). *Great Location - Hallet's Cove, Astoria/LIC* Short walk to all shopping, restaurants, parks, museums and all your essentials. Be in Manhattan in just 25 Minutes via public transportation. Ten minute walk to the heart of the bustling 30th Avenue. Five minute walk to Socrates Sculpture Park. Short walk to Astoria Park. *Transportation* 10 minute walk to N/W station at 30th Avenue. 7 minute walk to Astoria Ferry station. 2 minute walk to Q102, Q18, Q69 Buses. Easy access to all major thoroughfares, Queens Borough Bridge and RFK Bridge. *This property has great upside potential to be a profitable income generator! Building Size: 25 x 72 Lot Size: 25 x 153.5 Zoning: R5B Taxes: $10,768 Call Today For More Info or To Schedule A Viewing!*

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Three family in heart of Astoria Queens, close to park , train station, public transportation , shopping and minutes away from Manhattan. Fully rented. Best opportunity for investors.

ADDITIONAL INFORMATION

Excellent development opportunity for up and coming developers looking to break into the Astoria market. Excellent location just minutes from 30th Avenue/Broadway & mass transportation. Plans finalized & awaiting DOB approval. Will be provided with purchase. Max buildable: 7,805 Taxes: $6,898 Annual