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Astoria, NY 11102,3076 33rd Street
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Astoria, NY 11102,3076 33rd Street
Astoria, NY 11102,3076 33rd Street
Astoria, NY 11102,3076 33rd Street
Astoria, NY 11102,3076 33rd Street
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Niels Pennings

Niels Pennings

+1(917) 583-2567
$ 2,349,000
Est. payment /mo
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Active

3076 33rd Street Astoria, NY 11102

3,120 Acres Lot

UPDATED:

12/15/2024 07:13 AM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY805362

Originating Board onekey2

Rental Info No

Year Built 1924

Annual Tax Amount $22,784

Lot Size 3120.000 Acres

Acres 3120.0

Property Description

This exceptional 7-unit apartment building gross annual income of $179,064 There are Three vacant units two of them FAIR MARKET, which can potentially be rented for $3,100 each ( Current Market rent for four room two Bedrooms are between $3,300 to $37,00. Third vacant unit legal rent $2,129, Once all units are leased, the total monthly income will reach $14,922, resulting in a gross annual income of $179,064 With estimated expenses at approximately 30%, the property offers a cap rate of around 6%, presenting a strong investment opportunity. 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 $14,922 in monthly rental income, with five units rent-stabilized and two fair market. Four units are currently occupied, averaging $1,672 per unit. 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

Basement Full, Partially Finished

Interior

Heating Natural Gas, Baseboard

Cooling Wall/Window Unit(s)

Flooring Carpet, Hardwood

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features Off Street

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected

Building

Lot Description Near Public Transit

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

Listed by Realty Executives Today

Niels Pennings

Real Estate Advisor | RES.RES.0814910

+1(917) 583-2567

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3076 33rd Street