4605 30th Ave - Apartments FOR SALE


Astoria, NY 11103- Downtown Astoria
$2,600,000 USD
917-418-3600
4605 30th Ave, Astoria, NY for Sale
$2,600,000 USD
Apartments - FOR SALE
1/17
null | 5.8% Cap Rate

4605 30th Ave
Astoria, NY 11103
Downtown Astoria


HIGHLIGHTS

  • 6 residential Plus a legal one 1,100sq office space
  • Rated a Walker's and Rider's Paradise: 0.4-miles away from transit/subway and 2.2-miles away from commuter rail.

OVERVIEW

We are thrilled to present exceptional location with remarkable growth potential. All 3 floors of lobby fully Renovated. 1,000 sq ft of retail space on the ground floor. Building comes with 6 total Rent Stabilized Units with additional legal office space Rented as a after school center Portfolio has high add-in income potential with preferential rents which could be brought to legal rent value adding over net $40k to the overall net income. Building has been managed and owned by the same owner for over 28+ years.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$436 USD /SF

# OF UNITS

7

PRICE/UNIT

$371,429

CAP RATE

5.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,666 SF

ZONING

R5

APN/PARCEL ID

00720-0001

ASK ABOUT THIS PROPERTY

Salvatore GioinoGioino, SalvatoreMore Info
917-418-3600

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Salvatore GioinoGioino, SalvatoreMore Info
917-418-3600

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