$ 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
CALLING ALL INVESTORS! This is a rare chance to acquire a 10-unit income-generating multifamily building in one of NYC's most sought-after neighborhoods. Perfect for savvy buyers looking for stable cash flow, long-term growth, and a prime location with high rental demand.
PROPERTY HIGHLIGHTS:
10 Residential Units – Ideal mix of unit types for strong occupancy and diverse income streams:
6 One-Bedroom Apartments
2 Two-Bedroom Apartments
2 Studio Apartments
8 Rent-Stabilized Units – Consistent, long-term income with reliable tenants
2 Free Market Units – Maximize rental potential and income
Building Size: 5,570 SQ FT
UNBEATABLE LOCATION:
Prime Astoria – Steps from subway stations, shops, top-rated restaurants, cafes, and more!
Surrounded by parks, schools, and a vibrant community, Astoria is one of NYC’s hottest rental markets.
Easy access to major roads and transportation options
.
TURNKEY INVESTMENT WITH HUGE UPSIDE:
Annual Gross Income: $172,000
Operating Expenses: $70,000
Net Operating Income (NOI): $102,000
Cap Rate: 4.08% – a strong return in a thriving, high-demand neighborhood!
Astoria is in high demand with limited inventory – don't miss your chance to own a stable, income-generating property with huge upside potential!
CALLING ALL INVESTORS! This is a rare chance to acquire a 10-unit income-generating multifamily building in one of NYC's most sought-after neighborhoods. Perfect for savvy buyers looking for stable cash flow, long-term growth, and a prime location with high rental demand.
PROPERTY HIGHLIGHTS:
10 Residential Units – Ideal mix of unit types for strong occupancy and diverse income streams:
6 One-Bedroom Apartments
2 Two-Bedroom Apartments
2 Studio Apartments
8 Rent-Stabilized Units – Consistent, long-term income with reliable tenants
2 Free Market Units – Maximize rental potential and income
Building Size: 5,570 SQ FT
UNBEATABLE LOCATION:
Prime Astoria – Steps from subway stations, shops, top-rated restaurants, cafes, and more!
Surrounded by parks, schools, and a vibrant community, Astoria is one of NYC’s hottest rental markets.
Easy access to major roads and transportation options
.
TURNKEY INVESTMENT WITH HUGE UPSIDE:
Annual Gross Income: $172,000
Operating Expenses: $70,000
Net Operating Income (NOI): $102,000
Cap Rate: 4.08% – a strong return in a thriving, high-demand neighborhood!
Astoria is in high demand with limited inventory – don't miss your chance to own a stable, income-generating property with huge upside potential!
PRIME ASTORIA INVESTMENT OPPORTUNITY
CALLING ALL INVESTORS! This is a rare chance to acquire a 10-unit income-generating multifamily building in one of NYC's most sought-after neighborhoods. Perfect for savvy buyers looking for stable cash flow, long-term growth, and a prime location with high rental demand.
PROPERTY HIGHLIGHTS:
10 Residential Units – Ideal mix of unit types for strong occupancy and diverse income streams:
6 One-Bedroom Apartments
2 Two-Bedroom Apartments
2 Studio Apartments
8 Rent-Stabilized Units – Consistent, long-term income with reliable tenants
2 Free Market Units – Maximize rental potential and income
Building Size: 5,570 SQ FT
UNBEATABLE LOCATION:
Prime Astoria – Steps from subway stations, shops, top-rated restaurants, cafes, and more!
Surrounded by parks, schools, and a vibrant community, Astoria is one of NYC’s hottest rental markets.
Easy access to major roads and transportation options
.
TURNKEY INVESTMENT WITH HUGE UPSIDE:
Annual Gross Income: $172,000
Operating Expenses: $70,000
Net Operating Income (NOI): $102,000
Cap Rate: 4.08% – a strong return in a thriving, high-demand neighborhood!
Astoria is in high demand with limited inventory – don't miss your chance to own a stable, income-generating property with huge upside potential!
CALLING ALL INVESTORS! This is a rare chance to acquire a 10-unit income-generating multifamily building in one of NYC's most sought-after neighborhoods. Perfect for savvy buyers looking for stable cash flow, long-term growth, and a prime location with high rental demand.
PROPERTY HIGHLIGHTS:
10 Residential Units – Ideal mix of unit types for strong occupancy and diverse income streams:
6 One-Bedroom Apartments
2 Two-Bedroom Apartments
2 Studio Apartments
8 Rent-Stabilized Units – Consistent, long-term income with reliable tenants
2 Free Market Units – Maximize rental potential and income
Building Size: 5,570 SQ FT
UNBEATABLE LOCATION:
Prime Astoria – Steps from subway stations, shops, top-rated restaurants, cafes, and more!
Surrounded by parks, schools, and a vibrant community, Astoria is one of NYC’s hottest rental markets.
Easy access to major roads and transportation options
.
TURNKEY INVESTMENT WITH HUGE UPSIDE:
Annual Gross Income: $172,000
Operating Expenses: $70,000
Net Operating Income (NOI): $102,000
Cap Rate: 4.08% – a strong return in a thriving, high-demand neighborhood!
Astoria is in high demand with limited inventory – don't miss your chance to own a stable, income-generating property with huge upside potential!
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
