3314 34th Ave - Apartments FOR SALE


Long Island City, NY 11106
$4,950,000 USD
917-727-3101
3314 34th Ave, Long Island City, NY for Sale
$4,950,000 USD
Apartments - FOR SALE
1/20
null | 5.61% Cap Rate

3314 34th Ave
Long Island City, NY 11106


HIGHLIGHTS

  • BUILDING IN EXCELLENT LOCATION-Very convenient location. Minutes to Manhattan,Next to Kaufman Studios, Supermarkets, Stores and Restaurants.
  • BUILDING IN EXCELLENT CONDITION -. 15 Apartments are Renovated, 16 Units are Spacious 1bedrooms and 1 x 2bedroom
  • 14 UNITS ARE FREE MARKET APARTMENTS, ONE WILL BE DELIVERED VACANT
  • Hallway lights and Electric is updated
  • Boiler is well Maintained, Roof is in good condition, maintained every year, Basement has high ceilings.Separate smart gas and electric meters updated
  • 1 block from Broadway, few blocks from Steinway street, Close to M, R ,N, W train, Minutes to Manhattan

OVERVIEW

Price Reduced to Sell - Motivated Seller! One of a kind building that has a lot of potential in todays market. Located in the heart of Astoria this is 4 story -17 Family Detached Brick Building for Sale. 14 UNITS ARE FREE MARKET APARTMENTS, EXCELLENT LOCATION BUILDING IN EXCELLENT CONDITION. Out of 17 Units - 16 units are 1 bedroom apartments and 1 is a 2 bedroom X 2 bath apartment. Lots of potential for an Investor. 15 Apartments have undergone a complete renovation. Each 1 bedroom apartment is approx.650-700 sq. ft. and the 2 bedroom is approx. 850-900 sqft. The entrance of the building has Zen marble tiled walls creating a pleasant feel, the interiors of the building , the Hallway, the electric has been updated. Roof is in good condition, maintained every year. Boiler is well Maintained. Basement has high ceilings. Separate smart gas and electric meters. Very convenient location. Next to C town supermarket, stores and restaurants. 1block from Broadway, few blocks from Steinway, close to M, R ,N, W trains and Minutes to Manhattan. Unique opportunity- Lots of growth and Income potential. Investors Delight. Setup available upon request. ***WE PROVIDE A FREE, CONFIDENTIAL & NO OBLIGATION MARKET EVALUATION OF YOUR PROPERTY TODAY***

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$546 USD /SF

# OF UNITS

17

PRICE/UNIT

$291,176

CAP RATE

5.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

17Units/14 Free Market~Ex Location Astoria

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,707 SF

ZONING

R5

APN/PARCEL ID

00610-0030

ASK ABOUT THIS PROPERTY

Sheetal SuryawanshiLot & Units Realty IncMore Info
917-727-3101

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

Sheetal SuryawanshiLot & Units Realty IncMore Info
917-727-3101

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