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24 Avenue Ditmars Steinway
Astoria, NY 11102

9 Family Building On Double Lot 50X150 · Multifamily Property For Sale · 17 Units

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Investment Highlights

9 Family building with 5 garages and additional 10 car parking spaces at Astoria Park
Two minutes to Astoria Park
Three units vacant

3500 Square feet available buildable space
Very close to Ditmars Boulevard
Lots of potential with a great income

Executive Summary

Incredible Investment Opportunity...9 family - 8 (2) bedroom apartments 1(1) bedroom apartment with 5 garages.
Oversize lot 50X150 zoning R5B. Building is 6,600 SqFt multi-family with 3,525 SqFt of Unused FAR!
Possible parking for additional 10 cars. a lot of growth potential. Ideal location in Astoria near Subway, Highways, and access to Manhattan.

PROPERTY FACTS

Price Per Unit	$199,941	Building Class	C
Sale Type	Investment	Lot Size	0.17 AC
Sale Conditions	1031 Exchange Bulk/Portfolio Sale Redevelopment Project	Building Size	7,500 SF
No. Units	17	Average Occupancy	78%
Property Type	Multifamily	No. Stories	4
Property Subtype	Apartment	Year Built/Renovated	1931/2018
Apartment Style	Mid Rise	Parking Ratio	1.6/1,000 SF

Price Per Unit	$199,941
Sale Type	Investment
Sale Conditions	1031 Exchange Bulk/Portfolio Sale Redevelopment Project
No. Units	17
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.17 AC
Building Size	7,500 SF
Average Occupancy	78%
No. Stories	4
Year Built/Renovated	1931/2018
Parking Ratio	1.6/1,000 SF

Unit Amenities

Security System
Hardwood Floors

Views
Yard

Basement
Garden

Intercom

Site Amenities

Courtyard

Fenced Lot

Security System

Gated

About 24 Avenue Ditmars Steinway , Astoria, NY 11102

Incredible Investment Opportunity...9 family - 8 (2) bedroom apartments 1(1) bedroom apartment with 5 garages. Oversize lot 50X150 zoning R5B. Building is 6,600 SqFt multi-family with 3,525 SqFt of Unused FAR! Possible parking for additional 8 cars. a lot of growth potential. Ideal location in Astoria near Subway, Highways, and access to Manhattan!

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
9+1	9	-	-
2+1	8	-	-

PROPERTY TAXES

Parcel Number	00889-0087	Improvements Assessment	$312,545
Land Assessment	$4,580	Total Assessment	$317,125

PROPERTY TAXES

Parcel Number

00889-0087

Land Assessment

$4,580

Improvements Assessment

$312,545

Total Assessment

$317,125

zoning

Zoning Code	R5B
R5B

Learn More About Investing in Apartment Buildings

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Listing ID: 21642624
Date on Market: 5/21/2019
Last Updated:
Address: 24 Avenue Ditmars Steinway, Astoria, NY 11102

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