2414 43 street, Astoria, NY 11103

24 Photos
 
$1,700,000
Active for Sale
 
Listing ID 11354290
Property Type Multi-Unit (5+)
County Queens
Township Queens
Neighborhood Long Island City
Total Tax $19,377
FEMA Flood Map fema.gov/portal
Year Built 1926
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Income producing multifamily in the heart of Astoria, Queens

Get yourself a structurally sound, solid brick, detached, income producing multifamily (6 units) in the heart of Astoria, Queens, New York. Everything you need is within walking distance such as deli's, restaurants, laundromat's, places of worship, supermarkets, and much more! This location is conveniently off I-278, 30-minute commute to Manhattan,10 minutes to LaGuardia airport, close to train, and right across the street from the M42 bus stop. The building is in good condition, solid brick and the small lower portion front of the building has a stucco finish. There are 7 new gas meters. The roof is in good condition. Two fuel tanks are in the basement one is relatively new. Apartment information: All apartments are in good condition, have been well maintained and have one-year leases. There are four two(2) bedroom apartments and two-two(bedroom) apartments. All tenants are great and pay the rent in a timely manner with no issues. The gross annual income is approximately $127,000, after expenses the property nets about $82,000 a year.
Property Details
  • 6 Full Baths
  • 3600 SF
  • Built in 1926
  • 3 Stories
  • Available 10/22/2024
  • Lower Level: Unfinished, Walk Out
  • Renovation: Kept in good condition, always properly maintained. All apartments in good condition, renovated. Solid structure.
Interior Features
  • Steam Radiators
  • Oil Fuel
  • Natural Gas Avail
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Flat Roof
  • Municipal Water
Community Details
  • Walk-up (Bldg. Style)
Commercial Info
  • 5% Cap. Rate
Income/Expenses
  • Gross Income $126,363
  • Net Income $82,311
  • Operating Exp $44,052
  • Paid by Landlord: Heat, Water
Taxes and Fees
  • $19,377 Total Tax
Listed By
EAST COAST NEW YORK
Office: 917-968-8990
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