Properties For Sale or Rent
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Property Description
6 family building with vacant 1200 sq ft store front on ground floor formerly a bar. No rent controlled apartments. Only rent stabilized. Roof is 6 years old. Gas fired steam heat. Gas furnace is 6 years old. There are (3) – 1 bedroom apartments and (3) – 2 bedroom apartments. Pro forma annual Income $187,000 Annual Expenses: Taxes $18,630 Gas and Electric $9,033 Insurance $11,531 Water $7,958 Misc Repairs $3,300=$50,542. NOI $136,458. Cap Rate 8.58%
Rent Increases in Rent Stabilized Homes:
1-year lease. 2.75%. 2-year lease 5.25%
Features
- Heating System:
- Natural Gas
- Cooling System:
- No
- Basement:
- Full, Unfinished
- Fence:
- Back Yard
- Sewer:
- Public Sewer
- Utilities:
- Trash Collection Public, Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected, Sewer Connected
Address Map
- City:
- NY
- State:
- NY
- County:
- Queens
- Direction Faces:
- East
- Directions:
Property and Construction
- Development Status:
- Brick
- Agent MlsId:
- 169850
- Office MlsId:
- TAAN01
- Number Of Units:
- 6
- Special Listing Conditions:
- No
- Stories Total:
- 4
- Tax Annual Amount:
- $20,205
- Water Source:
- Public
- PhotosCount:
- 12
Commercial Sale For Sale
20-14 29th St Astoria, 29th., New York, NY
2,500 Acre
$1,589,000
Listing ID #847324
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Multi Family
- Listing ID :
- 847324
- Price :
- $1,589,000
- Bathrooms Total :
- 0
- Building Area :
- 6,101 Sqft
- Lot Area :
- 2,500 Acre
- Year Built :
- 1931
- Status :
- Active
- Status :
- Active
- Listing Office :
- Weichert Realtors TMT Group
- Listing Agent :
- Joseph D. Ferone CBR
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
