NOT LISTED FOR SALE
14 Beds
7 Baths
5,500 Sq Ft
3,106 Sq Ft Lot

Last Sold February 12, 2024

Last sale price $1,485,000 $270 Per Sq Ft

13 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to 30 Avenue
  • Window Unit Cooling System
  • P.S. 234Q The School of Performing Arts & Technology Rated A-
  • Wood Flooring
  • 4-minute walk to Athens Square Park

About This Home

As of February 2024

Exceptional investment opportunity in the heart of Astoria, Queens! This income-generating gem features seven identical 2-bedroom, 1-bathroom units, each equipped with separate gas and electric meters, offering convenience and autonomy for both landlords and tenants. Six free market rent units and one is rent-controlled. The property boasts spacious 2-bedroom, 1-bathroom units, each with galley kitchens, providing a comfortable living space for tenants. A unique highlight is the large walk-out basement, offering valuable additional space for storage and mechanical needs. While the property showcases incredible potential, it's important to note that some tender loving care is required. The building currently has several violations that need attention. The property is being sold "as-is," reflecting the current condition, but a motivated seller is open to negotiation. Property is priced accordingly for the cost to cure violations and bring up to modern standards. Property will sell fast!

Last Agent to Sell the Property

James Schunk

Schunk Realty Group Brokerage Phone: (914) 557-1202 License #10491211499 Listed on: 12/15/2023

Last Buyer's Agent

James Schunk

Schunk Realty Group Brokerage Phone: (914) 557-1202 License #10491211499 Listed on: 12/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,991

Year Built

  • Built in 1925

Lot Details

  • 3,106 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,500 Sq Ft Home
  • Entrance Foyer
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 00625-0036

Community Details

Overview

  • 7 Units

Recreation

  • Park

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,991

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: (914) 557-1202
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Entrance Foyer, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 7
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 14
  • Living Area: 5500
  • SquareFootage: 5500.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Indirect Tank

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3106
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 00625-0036
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 7
  • Separate Electric Meters: 7
  • Separate Gas Meters: 7
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 7
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 21991
  • Tax Map Number: 00625-0036
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Queens 30

Range of Values:

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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
02/12/2024 02/12/24 Sold $1,485,000 -0.9% $270 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $1,499,000 -- $273 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6281100

OneKey® MLS

APN: 00625-0036