BANKRUPTCY SALE: 11-36 31st Ave, Astoria

11-36 31st Avenue, astoria, NY

Market Price

Price

$299,000

NOI

8.2%

Pro Forma Cap Rate

Overview
NOI
$299,000
Pro Forma Cap Rate
8.2%
Building Size
7,500 sqft
Lot Area
2,500 sqft
Units
5
Zoning
R7A
Floors
4
Description

PROPERTY HIGHLIGHTS
• Mixed-use building located on the border of Astoria and LIC
• 7,500 SF building on a 25’ x 100’ lot
• 5 Free Market residential units and 1 ground floor commercial/retail
• High end condo finishes
• Backyard patio and full floor balcony
• Usable furnished basement with full bathroom and egress
• Half a block from the Hallet’s Cove Beach waterfront
• Stunning views of the waterfront and Manhattan skyline
• 3 minute walk to Astoria Ferry Terminal; 4 minute ride to Manhattan
• Nestled amongst numerous new construction buildings

Highlights
Documents
Title
11-36_31st_Avenue_Exclusive_Offering_Memorandum_TCG.pdf
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Location
Gallery