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Astoria New Construction 30-unit | 100% FM 2333 Astoria Blvd

29 Unit Block of Flats £14,005,151 (£482,936/Unit) 6% Net Initial Yield Astoria, NY 11102

Investment Highlights

  • Amenities include gym, rooftop cabana lounge, co-working space, laundromat, etc
  • Within walking distance to the Astoria Blvd Station
  • The property is located in Old Astoria near shopping, dining and entertainment options

Executive Summary

• 7-story newly-constructed luxury elevator building consisting of 29 apartments and 1 commercial space
• 100% Free-Market
• Tenants pay for their own utilities
• Amenities include gym, rooftop cabana lounge, co-working space, laundromat, etc
• The property is located in Old Astoria near shopping, dining and entertainment options

Property Facts

Price £14,005,151
Price Per Unit £482,936
Sale Type Investment
Net Initial Yield 6%
No. Units 29
Property Type Residential
Property Subtype Apartment
Building Class B
Lot Size 0.09 AC
Building Size 25,841 SF
Number of Floors 7
Year Built 2024
Parking Ratio 0.08/1,000 SF
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (83)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00872-0003
Land Assessment
£175,612
Improvements Assessment
£827,994
Total Assessment
£1,003,606

zoning

Zoning Code R6A, R5D (Zoning provides for multiple uses. No Cannabis Distributors. Ideal Use is Coffee Shop with food, pharmacy, or small convenience store.)
R6A, R5D (Zoning provides for multiple uses. No Cannabis Distributors. Ideal Use is Coffee Shop with food, pharmacy, or small convenience store.)
  • Listing ID: 34301960

  • Date on Market: 27/12/2024

  • Last Updated:

  • Address: 2333 Astoria Blvd, Astoria, NY 11102

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