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40-13 Broadway

10 Unit Apartment Building $6,600,000 ($660,000/Unit) Astoria, NY 11103

Investment Highlights

  • Four Story Mixed-Use Building -- Expired tax exemption, final Certificate of Occupancy delivered in 2009
  • Value-Add Opportunity -- Residential units delivered with below market rents due to impending deregulation
  • Fully-Leased Investment -- Established commercial tenancy with leases in place through 2028/2029
  • Convenient Subway Proximity -- Short walking distance to the E, F, N, W, and R subway lines

Executive Summary

12-Unit Fully Leased Mixed-Use Building At Broadway/Steinway.

Property Facts

Price $6,600,000
Price Per Unit $660,000
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.11 AC
Building Size 13,900 SF
No. Stories 4
Year Built 2005
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00678-0003
Land Assessment
$112,500
Improvements Assessment
$899,730
Total Assessment
$1,012,230
  • Listing ID: 32077255

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 40-13 Broadway, Astoria, NY 11103

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