$ 2,500,000
Building For Sale
Property Type
Active
Status
5,570/517
ASF/ASM
$ 30,398
Real Estate Taxes
[Per Annum]
Building Details
Income Property
Ownership
Low-Rise
Building Type
Voice Intercom
Service Level
Walk-up
Access
697/61
Block/Lot
28'x68'
Building Size
28'x100'
Lot Size
R%
Zoning
1928
Year Built
3/10
Floors/Apts
Description
PRIME ASTORIA INVESTMENT OPPORTUNITY
10-Unit Rent-Stabilized Multifamily Building
CALLING ALL INVESTORS!
Rare opportunity to acquire a 10-unit income-generating multifamily building in the heart of Astoria, one of NYC’s most desirable and high-demand rental markets. Perfect for investors seeking stable cash flow, long-term growth, and excellent location fundamentals.
PROPERTY DETAILS
Unit Mix:
• 6 One-Bedroom Apartments
• 2 Two-Bedroom Apartments
• 2 Studio Apartments
Building Size: 5,570 SQ FT
Annual Taxes: $30,398
FINANCIALS
Gross Annual Income: $192,000
Operating Expenses: $70,000
Net Operating Income (NOI): $122,000
Cap Rate: 4.68%
LOCATION HIGHLIGHTS
Prime Astoria location – steps from subway stations, restaurants, cafes, shops, and parks
Surrounded by schools and a vibrant community
Excellent access to Manhattan and major transportation routes
INVESTMENT UPSIDE
A well-maintained, fully occupied property with stable tenants and room for rent growth over time. Limited inventory in Astoria makes this an exceptional opportunity to acquire a turnkey asset with strong returns and long-term appreciation potential.
CONTACT US TODAY
For additional information or to schedule a private showing. Don’t miss this high-performing asset in one of NYC’s strongest rental submarkets.
10-Unit Rent-Stabilized Multifamily Building
CALLING ALL INVESTORS!
Rare opportunity to acquire a 10-unit income-generating multifamily building in the heart of Astoria, one of NYC’s most desirable and high-demand rental markets. Perfect for investors seeking stable cash flow, long-term growth, and excellent location fundamentals.
PROPERTY DETAILS
Unit Mix:
• 6 One-Bedroom Apartments
• 2 Two-Bedroom Apartments
• 2 Studio Apartments
Building Size: 5,570 SQ FT
Annual Taxes: $30,398
FINANCIALS
Gross Annual Income: $192,000
Operating Expenses: $70,000
Net Operating Income (NOI): $122,000
Cap Rate: 4.68%
LOCATION HIGHLIGHTS
Prime Astoria location – steps from subway stations, restaurants, cafes, shops, and parks
Surrounded by schools and a vibrant community
Excellent access to Manhattan and major transportation routes
INVESTMENT UPSIDE
A well-maintained, fully occupied property with stable tenants and room for rent growth over time. Limited inventory in Astoria makes this an exceptional opportunity to acquire a turnkey asset with strong returns and long-term appreciation potential.
CONTACT US TODAY
For additional information or to schedule a private showing. Don’t miss this high-performing asset in one of NYC’s strongest rental submarkets.
PRIME ASTORIA INVESTMENT OPPORTUNITY
10-Unit Rent-Stabilized Multifamily Building
CALLING ALL INVESTORS!
Rare opportunity to acquire a 10-unit income-generating multifamily building in the heart of Astoria, one of NYC’s most desirable and high-demand rental markets. Perfect for investors seeking stable cash flow, long-term growth, and excellent location fundamentals.
PROPERTY DETAILS
Unit Mix:
• 6 One-Bedroom Apartments
• 2 Two-Bedroom Apartments
• 2 Studio Apartments
Building Size: 5,570 SQ FT
Annual Taxes: $30,398
FINANCIALS
Gross Annual Income: $192,000
Operating Expenses: $70,000
Net Operating Income (NOI): $122,000
Cap Rate: 4.68%
LOCATION HIGHLIGHTS
Prime Astoria location – steps from subway stations, restaurants, cafes, shops, and parks
Surrounded by schools and a vibrant community
Excellent access to Manhattan and major transportation routes
INVESTMENT UPSIDE
A well-maintained, fully occupied property with stable tenants and room for rent growth over time. Limited inventory in Astoria makes this an exceptional opportunity to acquire a turnkey asset with strong returns and long-term appreciation potential.
CONTACT US TODAY
For additional information or to schedule a private showing. Don’t miss this high-performing asset in one of NYC’s strongest rental submarkets.
10-Unit Rent-Stabilized Multifamily Building
CALLING ALL INVESTORS!
Rare opportunity to acquire a 10-unit income-generating multifamily building in the heart of Astoria, one of NYC’s most desirable and high-demand rental markets. Perfect for investors seeking stable cash flow, long-term growth, and excellent location fundamentals.
PROPERTY DETAILS
Unit Mix:
• 6 One-Bedroom Apartments
• 2 Two-Bedroom Apartments
• 2 Studio Apartments
Building Size: 5,570 SQ FT
Annual Taxes: $30,398
FINANCIALS
Gross Annual Income: $192,000
Operating Expenses: $70,000
Net Operating Income (NOI): $122,000
Cap Rate: 4.68%
LOCATION HIGHLIGHTS
Prime Astoria location – steps from subway stations, restaurants, cafes, shops, and parks
Surrounded by schools and a vibrant community
Excellent access to Manhattan and major transportation routes
INVESTMENT UPSIDE
A well-maintained, fully occupied property with stable tenants and room for rent growth over time. Limited inventory in Astoria makes this an exceptional opportunity to acquire a turnkey asset with strong returns and long-term appreciation potential.
CONTACT US TODAY
For additional information or to schedule a private showing. Don’t miss this high-performing asset in one of NYC’s strongest rental submarkets.
View / Exposure
City Views
Garden Views
Contact
Daniela Petix-Gaudino
License
Licensed As: Daniela Petix-Gaudino
Licensed Real Estate Salesperson
The Alexander Pereira Team
Mortgage Calculator
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 99382TH
