1237 30th Dr - Apartments FOR SALE


Astoria, NY 11102
$1,295,000 USD
917-242-7756
1237 30th Dr, Astoria, NY for Sale
$1,295,000 USD
Apartments - FOR SALE
1/22
null | 6.16% Cap Rate

1237 30th Dr
Astoria, NY 11102


HIGHLIGHTS

  • Prime location
  • Close to transportation
  • Mixed use
  • Recent renovations
  • Preferential rents

OVERVIEW

Seize the opportunity to own a versatile corner mixed-use property in the vibrant and sought-after neighborhood of Astoria, Queens. This well-maintained rent stabilized six-family building features a prime ground-floor retail space, offering an exceptional investment potential in one of New York City’s most dynamic communities. This mixed-use building represents a rare investment opportunity in a thriving and rapidly growing area. Offering a total of 6 residential units and 1 commercial unit. Whether you’re looking to capitalize on the rental income from the residential units, lease out or occupy the retail space, this property provides a solid foundation for a successful real estate venture with upside in the residential and commercial rents which are currently collecting below market and preferential rents. Astoria is renowned for its rich cultural diversity, bustling dining scene, and strong sense of community. The property is ideally located within walking distance of Socrates Park, the East River waterfront, and a myriad of local shops and eateries. It offers easy access to public transportation (N & W Subway line) and the Astoria Ferry, making it a convenient location for both residents and businesses. Residential units: 6 Commercial units: 1 Stories: 3 Year built: 1930 Lot size: 23.58 × 61 (1,370 SQ ST) Building size: 23×45 (3,537 SQ ST) BBL: 00682-0003 Zoning: R6B, C1-3 1A- Studio/1 Bedroom 1B- Studio/1 Bedroom 2A- 1 Bedroom 2B- 1 Bedroom 3A- 1 Bedroom 3B- 1 Bedroom Commercial space- Beauty Salon

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$366 USD /SF

# OF UNITS

7

PRICE/UNIT

$185,000

CAP RATE

6.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,523 SF

ZONING

R6B C1-3

APN/PARCEL ID

00516-0010,00516-0011

ASK ABOUT THIS PROPERTY

Theodosis NeocliAstoria RealtyMore Info
917-242-7756

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Theodosis NeocliAstoria RealtyMore Info
917-242-7756

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.