HASSEL FREE/ LEAD PAINT FREE/ 14FMkts 15 Reno | 3314 34th Ave
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HASSEL FREE/ LEAD PAINT FREE/ 14FMkts 15 Reno 3314 34th Ave
17 Unit Apartment Building $4,750,000 ($279,412/Unit) 5.84% Cap Rate Long Island City, NY 11106
Investment Highlights
- BUILDING IN EXCELLENT LOCATION-Very convenient location. Minutes to Manhattan,Next to Kaufman Studios, Supermarkets, Stores and Restaurants.
- 14 UNITS ARE FREE MARKET APARTMENTS, ONE WILL BE DELIVERED VACANT
- Boiler is well Maintained, Roof is in good condition, maintained every year, Basement has high ceilings.Separate smart gas and electric meters updated
- BUILDING IN EXCELLENT CONDITION -. 15 Apartments are Renovated, 16 Units are Spacious 1bedrooms and 1 x 2bedroom
- Hallway lights and Electric is updated
- 1 block from Broadway, few blocks from Steinway street, Close to M, R ,N, W train, Minutes to Manhattan
Executive Summary
Price Reduced to Sell - Motivated Seller! HASSEL FREE !!! Free Market / LEAD PAINT FREE !!! 15 Renovated 2 apartments will be delivered Vacant
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. 700-750sq f. 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***
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. 700-750sq f. 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***
Property Facts
Price | $4,750,000 | Apartment Style | Mid Rise |
Price Per Unit | $279,412 | Building Class | C |
Sale Type | Investment | Lot Size | 0.09 AC |
Cap Rate | 5.84% | Building Size | 9,072 SF |
Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
No. Units | 17 | No. Stories | 4 |
Property Type | Multifamily | Year Built | 1926 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Price | $4,750,000 |
Price Per Unit | $279,412 |
Sale Type | Investment |
Cap Rate | 5.84% |
Sale Conditions | 1031 Exchange |
No. Units | 17 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.09 AC |
Building Size | 9,072 SF |
Average Occupancy | 100% |
No. Stories | 4 |
Year Built | 1926 |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Tub/Shower
- Basement
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 16 | - | - |
2+2 | 1 | - | - |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
Parcel Number | 00610-0030 | Improvements Assessment | $774,180 |
Land Assessment | $40,050 | Total Assessment | $814,230 |
PROPERTY TAXES
Parcel Number
00610-0030
Land Assessment
$40,050
Improvements Assessment
$774,180
Total Assessment
$814,230
zoning
Zoning Code | R5 (R5 - Medium density district with a height limit of 40 feet) |
R5 (R5 - Medium density district with a height limit of 40 feet) |
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HASSEL FREE/ LEAD PAINT FREE/ 14FMkts 15 Reno | 3314 34th Ave
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