2312 Broadway - Apartments FOR SALE


Astoria, NY 11106
$1,750,000 USD
917-681-2665
2312 Broadway, Astoria, NY for Sale
$1,750,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

2312 Broadway
Astoria, NY 11106


HIGHLIGHTS

  • OWNER will FINANCE mortgage ,Zoning C-4 ,R6A,Lots of upside in INCOME Potential "Prime Location" well maintained building.
  • Building and apartments are updated ,

OVERVIEW

OWNER Will FINANCE Mortgage With a $850,000 Down Payment at a FIXED Rate Mortgage Payment, Solid Brick SIX Family Building “Prime” WALK ALL Location Within a Seven Minute Walk To N-W Broadway Train station with Lots of upside in INCOME Potential. Triple AAA Tenants. Footsteps To LAUNDROMAT ,Broadway Shops, Supermarkets ,FRESH Produce, Restaurants ,TRENDY Cafes, Nightlife Etc...Spacious (6) ONE Bedroom Apartments, Well Maintained Building With HUGE Basement, GAS/steam Boiler... Building Construction :solid BRICK Lot Size : 20 feet… X… 80 feet Building Size: 20 feet … X….68 feet Zoning: C1-4 , R6A Heating System: Boiler Gas/Steam Gross INCOME =Current $ 124, 894.44 --Total EXPENSES = $ 38, 600 per Year --NET INCOME = $ 86, 294.44 per year Apt 1F: $ 1,932.00 … Legal rent … $1,932.00 Apt 1R : $ 1,700.00 … Legal rent … $2,507.40 Apt 2F : $ 1,772.34 … Legal rent … $2,614.38 Apt 2R : $ 1,549.53 … Legal rent … $1,893.23 Apt 3F : $ 1,727.00 … Legal rent …$2,064.98 Apt 3R : $1,727.00 … Legal rent .. $2,640.74 current Gross INCOME: $ 124,894.44 --For QUICK Response PLEASE CALL Arthur @ (917) 681-266FIVE --PLEASE Include a TELEPHONE NUMBER To be CONTACTED with your E-Mail INQUIRY

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$465 USD /SF

# OF UNITS

6

PRICE/UNIT

$291,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OWNER will FINANCE Mortgage

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,611 SF

ZONING

C-4 ,R6A

APN/PARCEL ID

00566-0032

ASK ABOUT THIS PROPERTY

Arthur TriantosHomeSeekersMore Info
917-681-2665

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

Arthur TriantosHomeSeekersMore Info
917-681-2665

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