30-76 33rd ST Active Save Request In-Person Tour Request Virtual Tour
Astoria,NY 11102
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,468 sqft
Price per Sqft $363
MLS Listing ID 3579996
Style Apartment
Bedrooms 14
Full Baths 7
Year Built 1924
Annual Tax Amount $22,784
Lot Size 3,049 Sqft
Property Description
This exceptional 7-unit apartment building 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, 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.
Location
State NY
County Queens
Rooms
Kitchen 7
Interior
Heating Natural Gas,Baseboard
Cooling Window Unit(s)
Exterior
Garage Off Street
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
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
Special Listing Condition None