$4,900,000

3014 29 Street , Astoria, NY 11102

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:14,000 sqft
Lot:Unknown
Year Built:1928
Listing Status:Active

Listing Agent

James S Powers
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Loan Amount:
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Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

**Prime Investment Opportunity in Astoria – 20-Unit Multi-Family Building** This well-maintained 20-unit, 4-story walk-up in Astoria, Queens, presents a unique opportunity for investors. Owned by the same family for over 50 years, the property boasts strong fundamentals and potential for increased income. The building offers a diverse mix of eight two-bedroom apartments, eight one-bedroom apartments, and four studio units, appealing to a broad tenant base. Its exceptional location provides easy access to major NYC transportation, top-rated schools, local hospitals, and a variety of shopping, dining, and entertainment options. Astoria remains a sought-after residential neighborhood, ensuring steady demand and stable occupancy rates. The property is in good condition, allowing for low-maintenance management. This investment features: - **Low Risk:** Situated in a high-demand area with an established tenant base. - **High Growth Potential:** Opportunities for rent increases and value-added improvements. Whether you’re expanding your portfolio or venturing into real estate investment for the first time, this gem is a must-see. Don’t miss your chance to secure a solid, income-producing property in one of NYC’s top neighborhoods. Income, expense, and rent roll are attached or available upon request.

Detailed Items

Other Information

3014 29 Street, Astoria, NY, 11102 is a commercial sale listing of 14,000 sqft on a lot of Unknown. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property3014 29 Street, Astoria, NY
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