This eight-family building is five years old, and features excellent finishes with top-of-the-line appliances, laundry in the basement, and a huge backyard. The building also includes two huge terraces on the top floor apartments, a surveillance system, and storage spaces allocated for each apartment.
The building consists of the following:
Apt 1F – One-bedroom duplex and 1.5 Baths
Apt 1R – Two-bedroom duplex with 1.5 baths and a huge backyard
Apt 2F – Two-bedroom apartment
Apt 2R – Two-bedroom apartment
Apt 3F – Two-bedroom apartment with a Juliette-style balcony
Apt 3R – Two-bedroom apartment
Apt 4F – One-bedroom apartment with a huge terrace (31 x 10)
Apt 4R – One bedroom apartment with a huge terrace (31 x 10)
All the utilities are separate and paid by the tenants.
Gross Annual Income $247,800
Total Yearly Expenses $ 12,594
Net Yearly Operating Income $235,206
Cap rate 4.44%
44-02 30th Avenue
Astoria
NY 11103
Phone:
718-278-2450
Email:
info@papprealty.com
