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31-53 34th St

40 Unit Block of Flats £6,283,818 (£157,095/Unit) 5.26% Net Initial Yield Astoria, NY 11106

Investment Highlights

  • Heavily desirable area - in the heart of Astoria.
  • Up to date, renovated units available.
  • High foot traffic.
  • Close proximity to Long Island Expressway.

Executive Summary

Excellent investment opportunity in the heart of Astoria! *RARE* BRICK 5-story, 40 family for sale, fully occupied, good condition sold as is, new boiler Feb. 2022.

Property Facts

Price £6,283,818 Apartment Style Mid Rise
Price Per Unit £157,095 Building Class C
Sale Type Investment Lot Size 0.18 AC
Net Initial Yield 5.26% Building Size 28,125 SF
No. Units 40 Average Occupancy 100%
Property Type Residential Number of Floors 5
Property Subtype Apartment Year Built/Renovated 1922/2024
Price £6,283,818
Price Per Unit £157,095
Sale Type Investment
Net Initial Yield 5.26%
No. Units 40
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.18 AC
Building Size 28,125 SF
Average Occupancy 100%
Number of Floors 5
Year Built/Renovated 1922/2024

Unit Amenities

  • Air Conditioning
  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 40 - 650
1 of 1
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (81)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 00624-0021 Improvements Assessment £933,505
Land Assessment £100,581 Total Assessment £1,034,086

PROPERTY TAXES

Parcel Number
00624-0021
Land Assessment
£100,581
Improvements Assessment
£933,505
Total Assessment
£1,034,086

zoning

Zoning Code R6 (R6 - Medium density residential district)
R6 (R6 - Medium density residential district)
(516) 902-6734

Contacts

  • Listing ID: 27023781

  • Date on Market: 02/11/2022

  • Last Updated:

  • Address: 31-53 34th St, Astoria, NY 11106

The Residential Property at 31-53 34th St, Astoria, NY 11106 is currently available for sale. Contact Douglas Elliman for more information.

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© 2024 CoStar Group

31-53 34th St
(516) 902-6734 x

31-53 34th St

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Helena Veloso

(516) 902-6734

(516) 902-6734

John Balis

(917) 836-3800

(917) 836-3800

George Balis

(718) 819-4155

(718) 819-4155

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