Queens Portfolio
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Queens Portfolio
3 Properties Offered at $24,600,000 in Astoria, NY
Executive Summary
Prime investment opportunity within Astoria's thriving real estate market, presenting a diverse portfolio of meticulously maintained properties boasting proven rental income and substantial upside potential. Positioned strategically with high occupancy rates and robust rental demand, now is the time to capitalize on Astoria's growth and secure your stake in its dynamic real estate landscape. Representing the epitome of modern urban living and commercial viability, these properties offer a mix of residential and investment benefits such as tax abatements and strong net operating incomes. With convenient access to various modes of public transportation and an abundance of local amenities, including renowned dining establishments and cultural attractions, residents and tenants alike stand to benefit from this prime investment opportunity. Investors can capitalize on the property's prime positioning and attractive features to maximize returns and diversify their investment portfolio.
Properties can be sold separately. Individual Prices are on set up.
Set Up Attached.
25-34 31st St, Astoria 421A Tax Abatement until 2032 - 7 Story, 16 Residential, 1 Commercial
37-10 31st Ave, Astoria 421A Tax Abatement until 2031 - 6 Story, 9 Residential, 1 Commercial
28-34 38th St, Astoria 421A Tax Abatement until 2027 - 5 Story, 8 Residential, 1 Commercial.
Properties can be sold separately. Individual Prices are on set up.
Set Up Attached.
25-34 31st St, Astoria 421A Tax Abatement until 2032 - 7 Story, 16 Residential, 1 Commercial
37-10 31st Ave, Astoria 421A Tax Abatement until 2031 - 6 Story, 9 Residential, 1 Commercial
28-34 38th St, Astoria 421A Tax Abatement until 2027 - 5 Story, 8 Residential, 1 Commercial.
Property Facts
| Price | $24,600,000 | Number of Properties | 3 |
| Price / SF | $944.77 / SF | Individually For Sale | 3 |
| Cap Rate | 4.82% | Total Building Size | 26,038 SF |
| Sale Type | Investment | Total Land Area | 0.31 AC |
| Status | Active |
| Price | $24,600,000 |
| Price / SF | $944.77 / SF |
| Cap Rate | 4.82% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 26,038 SF |
| Total Land Area | 0.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2834 38th St, Astoria, NY 11103 | Retail | 3,000 SF | 2010 | $4,600,000 |
| 25-34 31st St, Astoria, NY 11102 | Multifamily | 14,702 SF | 2016 | $12,500,000 |
| 3710 31st Ave, Astoria, NY 11103 | Multifamily | 8,336 SF | 2013 | $6,500,000 |
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