3035 49th St
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3035 49th St
6 Unit Block of Flats £1,402,525 (£233,754/Unit) 6.29% Net Initial Yield Astoria, NY 11103
Investment Highlights
- Highly desirable location
Executive Summary
Prime Location! Excellent Investment Opportunity in the Heart of Astoria. Situated in a highly sought-after area, the building is in excellent condition with recent upgrades making it a promising choice for investors seeking steady income. Recently installed features include CCTV security, new roof and solar electric system installed just three years ago, ensuring increased energy efficiency. Location is in the vibrant neighborhood of Astoria. Residents enjoy easy access to restaurants, shops, parks, and public transportation options.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
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| Other Income |
-
|
-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
|
-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £1,402,525 | Apartment Style | Low Rise |
| Price Per Unit | £233,754 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Net Initial Yield | 6.29% | Building Size | 5,250 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 3 |
| Property Subtype | Apartment | Year Built | 1928 |
| Price | £1,402,525 |
| Price Per Unit | £233,754 |
| Sale Type | Investment |
| Net Initial Yield | 6.29% |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,250 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built | 1928 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
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Walk Score ®
Walker's Paradise (91)
Transit Score ®
Rider's Paradise (98)
PROPERTY TAXES
| Parcel Number | 00740-0034 | Improvements Assessment | £121,961 (2024) |
| Land Assessment | £2,810 (2024) | Total Assessment | £124,771 (2024) |
PROPERTY TAXES
Parcel Number
00740-0034
Land Assessment
£2,810 (2024)
Improvements Assessment
£121,961 (2024)
Total Assessment
£124,771 (2024)
zoning
| Zoning Code | R5, Queens (R5 districts allow a variety of housing at a higher density than permitted in R3-2 and R4 districts.) |
| R5, Queens (R5 districts allow a variety of housing at a higher density than permitted in R3-2 and R4 districts.) |
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3035 49th St
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