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About the Listing RANDBH - 25014
This well-maintained and well-positioned corner 20-UNIT apartment building is a short walk from the train station, Astoria Park, restaurants, bars, shopping, grocery stores, and highways. The existing building and property features include 19 apartments (15 two-bedroom and 4 one-bedroom apartments) and a fully operating restaurant tenant on the ground floor. The building recently had renovations to 16 out of the 19 apartments, a new roof, a well-maintained boiler, and new entry security systems. 17 UNITS units are FREE MARKET RENTS. The current rent roll has room for improvement to capitalize on the full market value of the current apartments. The projected income increase percentage with appropriate rent improvements is approximately 8%. The current annual RR is $521,215. The projected annual RR is $610,552.00 **THE OWNER IS WILLING TO HOLD A NOTE WITH A MINIMUM OF 50% DOWN PAYMENT.
Listing Highlights for 2815 24th Ave
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Steam
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Common,Full,Storage Space
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Level,Near Public Transit,Near School,Near Shops,No Waterfront
- Garage Capacity: N/A
- Roof:
- Others: Actual
- Sewer: Public Sewer
Financial Details
- Tax Amount: $121,223
- Taxes w/Assessments: N/A
- Tax/Property ID: 00843-0076
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
2815 24th Ave Astoria, NY 11102
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