$2,349,000 ($363.17 per sqft)

Est. Mortgage $11,571/mo *

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30-76 33rd Street, Queens, (Astoria), NY, 11102

30-76 33rd Street, Queens, (Astoria), NY, 11102

28 rooms

14 beds

7 Full baths

1924

Apartment

6,468 sqft

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.


Status:

Active

Town:

Queens

Type:

Multi-family

Units:

7

Heating:

Natural Gas, Baseboard

Cooling:

Window Unit(s)

Basement:

Full, Partially Finished

Parking:

Off Street

Acreage:

0.07

Est. Taxes:

$22,784

Construction

Brick

Lot Description:

Near Public Transit

Elementary School:

30Th Avenue School (The)

Middle School:

Albert Shanker Sch-Visual/Perf Arts

High School:

Long Island City High School

School District:

Community District 30

MLS #:

3579996


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Realty Executives Today 718-274-2400