Astoria, NY 11103

Papp Realty has been retained exclusively to represent the sale of this six-family building in the heart of Astoria.

This property resides in a most desirable location, right off 30th Avenue and 44th Street, and just a seven-minute walk to R & M subway and a short walk to 30th Avenue restaurants and shops.


The building features a full basement and six large two-bedroom apartments. Additionally, it is well-maintained with a gas boiler, separate water heater, and up-to-date plumbing and electrical work. 

Lot size: 28 x 100
Building side: 28 x 68
Residential square footage: 5,570 square ft
Average unit space: 828 square ft 

Annual gross income ——– $111,947.04
Total yearly expenses ——- $41,368
Net operating income ——- $70,579.04
Cap rate: 4.41%