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6 Fam Astoria $1,399,000

$1,399,999

21-24 31st Avenue, astoria, NY 11106

Active
Last Updated: 09/26/2024

5

Cap Rate

71,000

NOI

Details:
Cap Rate:    5%
NOI:    $71,000
Pro Forma Cap Rate :    7%
Building Size:    4,500 sqft
Lot Area:    2,850 sqft
Occupancy:    80%
Class:    A
Units:    6
Average Room Size:    650 sqft
Year Built:    1920
Floors:    3
Parking Spots:    3
Year Last Renovated:    1990
Highlights:
  • 1 Vacant Unit
Description:

2124 31st Ave, Astoria Ny 11106, Ideal Location access to all transportation. 6 Units apartment building , 5 units occuped , 1 unit Vacant. 3 Parking Spots in the rear currently unocupied. Current Net Income: $70,877. Projected with new apartment market value an 3 rented spots, around $82,000 , Call Us To show, 718-274-2400

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