PRICING
PROPERTY LOCATION
31-13 23rd Street
Astoria, NY 11106
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: 4.43%
FEATURES
Units: 8
Bedrooms: 13
Bathrooms: 10
Year Built: 2016
Parking Spaces: 0
Square Footage: 6559
Lot Size: 32.75 x 100
Floors in Bldg: 5
School District: 30
Broker: Papp Realty
Agent Name: Romero Papp
Separate Meters: Yes
ATTRIBUTES
BUILDING AMENITIES
Storage Area
Security system
Smoke alarms
Laundry Room
INTERIOR AMENITIES
Hardwood Floors
Refrigerator
Stove/Oven
Granite Counter tops
Washer/Dryer
EXTERIOR AMENITIES
Back Yard
Balcony
Sprinklers
Fenced
CONTACT INFORMATION
Romero Papp
Papprealty.com
Papprealty.net