34-35 30th Street, Queens (Astoria), NY, 11106 | $1,898,000

6 Family Building for Sale in PRIME Astoria/LIC Location! Superbly maintained building offering investors an income generating opportunity without upfront renovation costs. Located in the heart of Astoria, just off the ever-popular Broadway and steps to the train, this multi-family building sees continuous tenant demand! SET-UP ***First floor: (2) 1 Bedroom Apartments ***Second floor: (1) 1-Bedroom Apartment (1) 2-Bedroom Apartment ***Third floor: (1) 1-Bedroom Apartment (1) 2-Bedroom Apartment ***Basement: Full, unfinished ***Semi-Detached, Brick - Beds: 8 | Baths: 6 | Rooms: 20 | Sqft: 2, 067 ***Annual Income: $131, 064 ***Annual Expenses: $38, 579 ***Net Operating Income: $ $92, 485 ***Lot Size: 20. 67x100 ***Bldg Size: 20. 75x85 ***Taxes: $21329 ***Zoning: R5 TRANSPORTATION & LOCATION: Conveniently located just a 5-minute walk from the N/W subway station, providing quick access to Manhattan in under 20 minutes. With Citibike stations and multiple bus lines nearby, residents enjoy numerous transportation options. This prime Astoria spot is surrounded by popular dining, shopping, and entertainment options and is a high demand area for renters. ***TURN-KEY INCOME*** Ready for immediate income generation with easy to rent units. All units in great condition with some recent updates meeting modern tenant requirements. *HIGH RENTAL DEMAND* Astoria is known for its booming rental market and sees consistent tenant demand driven by all of the conveniences, cultural appeal and convenient transit/proximity to Manhattan.

Features

  • Town: Queens
  • Rooms: 20
  • Bedrooms: 8
  • Baths: 6 full
  • Units: 6
  • Style: Semi Detached
  • Year Built: 1923
  • Heating: Natural Gas, Steam
  • Cooling: None
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 5,200
  • Acreage: 0.05
  • Est. Taxes: $21,329
  • Lot Desc: Near Public Transit
  • Elem. School: Ps 166 Henry Gradstein
  • Middle School: Is 204 Oliver W Holmes
  • High School: Long Island City High School
  • School District: Community District 30
  • Appliances: Oven, Refrigerator
  • MLS#: 3590466
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /prop/3590466/343530thstreet_queens_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Realty Executives Today   Phone: 718-274-2400

William Raveis Family of Services

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

34-35 30th Street, Queens (Astoria), NY, 11106

$1,898,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,518,400 $1,518,400 $1,518,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $1,777 $1,777 $1,777
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,621 $9,473 $12,711
Total Monthly Payment $10,523 $11,375 $14,613

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.