30-76 33rd ST Active Save Request In-Person Tour Request Virtual Tour
Astoria,NY 11102
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,468 sqft
Price per Sqft $363
MLS Listing ID KEYL3579996
Bedrooms 14
Full Baths 7
Originating Board onekey2
Rental Info No
Year Built 1924
Annual Tax Amount $22,784
Lot Dimensions 32x97.5
Property Description
This exceptional 7-unit apartment building There are three vacant units , 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, two of which 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: Appearance:Excelent,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Location
State NY
County Queens
Rooms
Basement Full,Partially Finished
Interior
Interior Features Walk-In Closet(s)
Heating Natural Gas,Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Off Street
Private Pool No
Building
Lot Description Near Public Transit,Near School,Near Shops
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick
New Construction No
Schools
Elementary Schools 30Th Avenue School (The)
Middle Schools Albert Shanker Sch-Visual/Perf Arts
High Schools Long Island City High School
School District Queens 30
Others
Senior Community No
Special Listing Condition None