![[Astoria Real Estate, listing number 3300795]](https://www.vlshomes.com/images/full/3300795a.jpg)
| Description: 3300795 | |
| PRIME ASTORIA INVESTMENT OPPORTUNITY CALLING ALL INVESTORS! This is a rare chance to acquire a 10-unit income-generating multifamily building in one of NYC's most sought-after neighborhoods. Perfect for savvy buyers looking for stable cash flow, long-term growth, and a prime location with high rental demand. PROPERTY HIGHLIGHTS: 10 Residential Units Ideal mix of unit types for strong occupancy and diverse income streams: 6 One-Bedroom Apartments 2 Two-Bedroom Apartments 2 Studio Apartments 8 Rent-Stabilized Units Consistent, long-term income with reliable tenants 2 Free Market Units Maximize rental potential and income Building Size: 5,570 SQ FT UNBEATABLE LOCATION: Prime Astoria Steps from subway stations, shops, top-rated restaurants, cafes, and more! Surrounded by parks, schools, and a vibrant community, Astoria is one of NYCs hottest rental markets. Easy access to major roads and transportation options . TURNKEY INVESTMENT WITH HUGE UPSIDE: Annual Gross Income: $172,000 Operating Expenses: $70,000 Net Operating Income (NOI): $102,000 Cap Rate: 4.08% a strong return in a thriving, high-demand neighborhood! Astoria is in high demand with limited inventory don't miss your chance to own a stable, income-generating property with huge upside potential! |
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Details: |
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| Property Type: | Townhouse | |
| Square Feet: | 5570 | |
Financials: |
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| Price: | $2,500,000 | |