$1,550,000
$250K PRICE DROP

Estimated payment $10,045/month

Total Views 9,056
-- Bed
6 Baths
3,600 Sq Ft
$431 Price per Sq Ft

About This Home

Get yourself a structurally sound, solid brick, detached, income producing multifamily (6 units) in the heart of Astoria, Queens, New York. Everything you need is within walking distance such as deli's, restaurants, laundromat's, places of worship, supermarkets, and much more! This location is conveniently off I-278, 30-minute commute to Manhattan,10 minutes to LaGuardia airport, close to train, and right across the street from the M42 bus stop. The building is in good condition, solid brick and the small lower portion front of the building has a stucco finish. There are 7 new gas meters. The roof is in good condition. Two fuel tanks are in the basement one is relatively new. Apartment information: All apartments are in good condition, have been well maintained and have one-year leases. There are four two(2) bedroom apartments and two-two(bedroom) apartments. All tenants are great and pay the rent in a timely manner with no issues. The gross annual income is approximately $127,000, after expenses the property nets about $82,000 a year.

Listing Agent

Christos Lolis

EAST COAST NEW YORK Listed on: 10/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,377

Year Built

  • Built in 1926

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 6 Full Bathrooms
  • 3,600 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil

Community Details

  • Long Island City Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,377

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Basement Walkout: Yes
  • Building Style: Walk-up
  • Directions To Property: Please use waze, maps etc.
  • HeatFuelOil: Yes
  • HeatTypeSteam: Yes
  • InteriorAmps: 0
  • IsNaturalGasAvailable: Yes
  • LastPriceValue: 1.7E6
  • Number Of Stories: 3
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Astoria
  • PropertyTownship: Queens
  • Prop. Type: Multi-Unit (5+)
  • PropertyZipCode: 11103
  • RenovationComments: Kept in good condition, always properly maintained. All apartments in good condition, renovated. Solid structure.
  • RoofFlat: Yes
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • USStateAbbreviation: NY
  • WaterSourceType: Municipal
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • BasementUnfinished: Yes
  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 3600

Exterior Features

  • Construction Type: Masonry - Brick

Garage/Parking

  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • Units in Building: 0

Schools

  • School District: 25
  • School District: 25

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 19377

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Price Changed $1,550,000 -8.8% $431 / Sq Ft
11/07/2024 11/07/24 Price Changed $1,700,000 -5.6% $472 / Sq Ft
10/20/2024 10/20/24 For Sale $1,800,000 -- $500 / Sq Ft
Source: NY State MLS

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Source: NY State MLS

MLS Number: 11354290

NY State MLS