32-72/70 48
Astoria,
NY
11103
- Commercial
- Mixed Use
- ML# 3532098
Property Details
Overview
We are thrilled to present a unique investment opportunity in the heart of Astoria/Long Island City, showcasing a multi-family portfolio in an exceptional location with remarkable growth potential. Portfolio comprises of 2 buildings attached directly next to each other. Building comes with 12 total Rent Stabilized Units with additional sublease and storage rental income. Portfolio has high add-in income potential with preferential rents which could be brought to legal rent value adding over net $60k to the overall net income. Building has been managed and owned by the same owners for over 20+ years.
Key Facts
- •Lot Size: 5.62
- •Lot Sq Ft: 245011
- •Taxes: $37,772
- •Business Type: Residential
- •Sale or Rent: Sale
- •Zoning: R5
- •Heat: Natural Gas, Baseboard, Hot Water
- •Sewer: Sewer
Listing Information provided courtesy of
AMO Realty
617-247-1933
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