33-05 BroadwayAstoria, NY 11106
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SMART INVESTMENT OPPORTUNITY - 5.2% CAP RATE EXCELLENT MIX-USE PROPERTY IN ASTORIA, QUEENS ZONING: C4-2A / MAX RES. FAR: 3.0 / MAX COMM. FAR: 3.0 / Total Buildable ~5,960 square feet Presenting an opportunity to own a lucrative piece of Astoria real estate with great up-side potential. EXCELLENT ASTORIA LOCATION Situated right on Broadway, in the HEART of Astoria- this location sees incredibly high foot-traffic on one of the most popular main boulevards in Queens. Just steps from the N/W subway station (only 15 minutes to Manhattan). The area is comprised of an array of great restaurants, retail shops and entertainment. An incredible buy for the savvy investor! Net Operating Income: $155,898 (w/upside potential) Expenses: $21,702 Total Taxes: $19,300 *(Tenants pay for all utilities and partial property tax) Zoning: C4-2A Lot Size: 19.25 ? 103 Building Size: 19.25 ? 55 SETUP: 1st Floor: Commercial/Currently Restaurant 2nd Floor: 3 Bedroom Apartment / 1,050 sqft 3rd Floor: 3 Bedroom Apartment / 1,050 sqft FULL BREAKDOWN AND ADDITIONAL DETAILS AVAILABLE ~All material has been compiled from sources deemed reliable but not guaranteed., Additional information: Building Size:19.33' X 55',Office Pct.:0,Rental Income:Y,vac_perc:0
4 weeks ago | Listing first seen on site | |
4 weeks ago | Listing updated with changes from the MLS® |
Based on information submitted to the MLS GRID as of 2024-10-29 08:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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