4 family Building at prime Astoria Location

MLS #:N/A
24-17 29 Street
Astoria, NY 11102 United States
Bedrooms: 7
Bathrooms: 8
Year Built: 2022
Square Feet: 5,600
Min. Down: N/A
Lot Size: 2500
HOA Fees: N/A
Floors: 2
Property Type: Multi-family
Sale Type:Resale

Presented By:

Sajmir Osmanaj, MBA Real Estate Broker and Founder HUDSON EXCLUSIVE

Phone: 347-963-0199
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Property Details

Description:

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

Total Groos Annual Income $173,000 with a potential of $192,000.

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

Annual taxes $15000

Water Annual $2000

Insurance $2200

Net Annual Income $158,000 or potential net income of $173,000 

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

OWNER IS A REAL ESTATE BROKER.

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