Beautiful, gut renovated 4 unit Building

ID #:586733
24-17 29 Street
Astoria, NY  United States
Year Built: 1930
Lot Size: 2500
Type: Multi-Family Residential
Ceiling Height: 9 ft
Available Sq Ft: 5,466
Total Stories: 2
Floor Location: 1
Current Occupancy: Occupied

Presented By:

Hudson Exclusive

Inquire About Listing
Share this Listing:

Property Details


Gut renovated 4 unit building located at the very best location and near all.

2 duplex apt (1st floor and bsmt) with front yard and back yard

front duplex apt rented for $3,000 per month with front yard

rear duplex apt rented for $4,500 per month with backyard

Front 2nd floor apt could be rented for $3200 with roof access thru buldhead

Rear 2nd floor apt could be rented for $3200with roof access thru buldhead

Total Groos Annual Income $166,800

Brand new elecctric and plumbing, each unit has its own water heater and boiler and all bills are paid by tenants. Landlord pays water bill only.

Annual taxes $14000

Water Annual $1800

Net Annual Income $151,000

CAP RATE over 5%, great CAP rate for ASTORIA Market


Current Use:Apartments
Cap Rate: 5.1>
Vacancy: 0

Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in. All information is deemed reliable but its accuracy is not guaranteed and the viewer should independently verify all information.

Licensed Real Estate Broker10491207925