$2,150,000

4505 Ditmars Boulevard , Astoria, NY 11105

 
Bedrooms:3 beds
Bathrooms:2 baths
(None specified):0 sqft
Lot:0
Year Built:--
Listing Status:Active

Listing Agent

Dimitrios Kapelonis
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

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

Description

45-05 Ditmars Boulevard presents a rare opportunity to acquire a meticulously maintained mixed-use building in the heart of Astoria, Queens. Comprised of three total units across approximately 3,300 square feet, the property offers strong in-place cash flow with minimal operational burden. Anchored by a highly desirable retail tenant on the ground floor, the asset benefits from reliable income, with a scheduled rent increase enhancing future returns. Above, two residential units add further income stability in a neighborhood known for its high demand and low vacancy rates. Annual property taxes are exceptionally low at just $8,112, bolstering net cash flow and overall returns. The building sits on a 20' x 110' lot and is priced competitively at $2,150,000. Astoria continues to thrive as one of New York City's most dynamic neighborhoods, offering unbeatable access to Manhattan, a diverse and growing population, and a flourishing restaurant and cultural scene. With proximity to Long Island City and Roosevelt Island's Cornell Tech campus, the area is seeing sustained demand from both residents and businesses alike. This is an ideal acquisition for an investor seeking a turn-key asset with strong existing income, low maintenance requirements, and significant long-term upside in one of NYC's top-performing submarkets.

Detailed Items

Other Information

4505 Ditmars Boulevard, Astoria, NY, 11105 is a (none specified) listing of 0 sqft on a lot of 0. This (none specified) listing has 3 bedrooms, and 2 baths. The map for this location can be viewed on Google maps at Google maps to property4505 Ditmars Boulevard, Astoria, NY
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