- Home
- Multi-Family
- 44-05 28th Avenue, Astoria, NY 11103
- $1,389,000
44-05 28th Avenue, Astoria, NY 11103
About this home
6 Family Building for Sale in Astoria - 7% Cap Rate
Superbly maintained building offering investors an income generating opportunity without upfront renovation costs.
Located in a warm and friendly Astoria neighborhood, one block away from 30th Avenue and a 10 minute walk to the train, this multi-family building experiences continuous tenant demand!
SET-UP
1st Floor: (2) One-Bedroom Apartments
2nd Floor: (1) One-Bedroom Apartment, (1) Two- Bedroom Apartment
3rd Floor: (1) One-Bedroom Apartment, (1) Two- Bedroom Apartment
BASEMENT - Full, Partially finished
OUTDOORS - Backyard, side alley
CAP RATE: 7%
Gross Yearly Income: $134,820.48
Expenses: $36,609
Lot Size: 26 x 90
Bldg Size: 21 x 70
Taxes: $19,373
Zoning: R5
Ready for immediate income generation with easy to rent apartments, this building is in great condition.
LOCATION
This prime Astoria spot is surrounded by popular dining, shopping, and entertainment options and is in a high demand area for renters.
TRANSPORTATION
Conveniently located just a 10-minute walk from the R/M subway station and walking distance to the N/W trains, providing quick access to Manhattan in under 20 minutes. With Citibike stations and multiple bus lines nearby, residents enjoy numerous transportation options.
















