6-Unit Walk-Up Building, 2A Tax Class

25-29 34th Street, Astoria, NY

$1,575,000

Price

5.43%

Cap Rate

$85,577

NOI

Overview
Cap Rate
5.43%
NOI
$85,577
Building Size
3,693 sqft
Lot Area
2,000 sqft
Units
6
GRM
11.29
Price Per Sqft
$426
Price Per Unit
$262,500
Zoning
R6B
Highlights
  • 1 Free Market and 5 Rent Stabilized
  • Approximately $30k of annual preferential rents can be captured upon turnover
  • Primarily 2 bedroom apartments
  • Situated very close to the N & W trains on Astoria Blvd
  • Easy Access to Grand Central Parkway
  • Close proximity to retail thoroughfares on 31st Street, Astoria Blvd and 30th Ave
  • New Boiler and Hot Water Tank
  • Gas Heat
Documents
Title
LIsting Setup
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Location
Gallery