Mix Use For Sale Prime Astoria Location
Pricing
$1,369,000.00
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Price: $1,369,000.00
CAP Rate: 4.5
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Property Location
24-07 23 Avenue
Astoria, NY 11105
Features
Units: 3
Bedrooms: 2
Bathrooms: 3
Contact Information
Account PhotoAssociation Logo
Romero Papp
 7183167199
Papprealty.com
Papprealty.net
Mix Use Property For Sale In Astoria Most Desirable Location,One Block From Ditmars Boulevard And Very Close To Astoria Park.

Amazing Opportunity To Own A Mix Use Use At A Great Location With A Possibility To Expand The Property According To The Zoning.

Property Features:

.Retail-Commercial Space With A Full Basement?
 Retail Space Approximate a 1000 SQ FT With Access To The Backyard.
.Two -One Bedrooms Apartment.

.Large Backyard

.Lot Size:18.58x100
.Building Dimensions:18x57
.Zoning:R5B
.FAR 1.35
.Unused FAR 724 SQ FT
.Construction: Brick
.Semi Attached

PRO-FORMA WITH $150,000 FOR RENOVATIONS ESTIMATED

INCOME:
Retail:    $3,500
1F:         $1,900
1R:         $1,900
TOTAL INCOME: $87,600/Year ESTIMATED

EXPENSES:
Heat & Hot Water :   $1,900
Water & Sewer:        $1,650
Repairs:                    $2,000
PLP:                          $  550
INSURANCE:              $1,750
Property Taxes:         $2,726

EXPENSES:   $10,576 ESTIMATED

ESTIMATED NOI:  $77,024


ESTIMATED CAP RATE: 4.97%



Separate Gas And Electric Meters For All The units Including Retail Space.






All information in this site is deemed reliable but is not guaranteed and is subject to change