34-28 43rd St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
34-28 43rd St
12 Unit Apartment Building $2,750,000 ($229,167/Unit) 5.51% Cap Rate Long Island City, NY 11101
Investment Highlights
- Excellent Location
- PRIME DESIREABLE ASTORIA
Executive Summary
12 FAMILY BUILDING LOCATED IN PRIME DESIREABLE ASTORIA. VERY CLOSE TO TRANSPORTATION AND 15 MINUTES TO MIDTOWN MANHATTAN.
EXCELLENT INVESTMENT OPPORTUNITY.
INQUIRE WITHIN
EXCELLENT INVESTMENT OPPORTUNITY.
INQUIRE WITHIN
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$226,088
|
$45.29
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$226,088
|
$45.29
|
| Taxes |
$57,000
|
$11.42
|
| Operating Expenses |
$17,675
|
$3.54
|
| Total Expenses |
$74,675
|
$14.96
|
| Net Operating Income |
$151,413
|
$30.33
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | $226,088 |
| Annual Per SF | $45.29 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $226,088 |
| Annual Per SF | $45.29 |
| Taxes | |
|---|---|
| Annual | $57,000 |
| Annual Per SF | $11.42 |
| Operating Expenses | |
|---|---|
| Annual | $17,675 |
| Annual Per SF | $3.54 |
| Total Expenses | |
|---|---|
| Annual | $74,675 |
| Annual Per SF | $14.96 |
| Net Operating Income | |
|---|---|
| Annual | $151,413 |
| Annual Per SF | $30.33 |
Property Facts
| Price | $2,750,000 | Apartment Style | Low Rise |
| Price Per Unit | $229,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.51% | Building Size | 4,992 SF |
| Gross Rent Multiplier | 13.27 | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1922 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $2,750,000 |
| Price Per Unit | $229,167 |
| Sale Type | Investment |
| Cap Rate | 5.51% |
| Gross Rent Multiplier | 13.27 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,992 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1922 |
| Opportunity Zone |
Yes |
Amenities
- Smoke Detector
Unit Amenities
- Kitchen
- Refrigerator
- Basement
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 1+1 | 6 | - | - |
1 of 1
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 00675-0042 | Total Assessment | $438,300 (2024) |
| Land Assessment | $112,050 (2024) | Annual Taxes | $57,000 ($11.42/SF) |
| Improvements Assessment | $326,250 (2024) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
00675-0042
Land Assessment
$112,050 (2024)
Improvements Assessment
$326,250 (2024)
Total Assessment
$438,300 (2024)
Annual Taxes
$57,000 ($11.42/SF)
Tax Year
2021
zoning
| Zoning Code | R5 Queens(C1) (A low-density residential zoning district in New York City that allows for a variety of residential buildings) |
| R5 Queens(C1) (A low-density residential zoning district in New York City that allows for a variety of residential buildings) |
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
34-28 43rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.