Nine-family building for sale in Astoria! There is a huge lot (50 x 150), five garages, and seven parking spaces. Eight of the nine units are two-bedroom apartments and one unit is a one-bedroom apartment. There is a full basement, new roof, gas boiler, and separate 100-gallon water heater. The zoning is R5B and there are 3,500 square feet of unused FAR.
Gross annual income ----- $185,588.76 Total yearly expenses ----- $61,946.28 Net operating income ----- $123,642.48 *The income for 5 garages is not included in the annual income.
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