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17Units/14 Free Market~Ex Location Astoria 3314 34th Ave

17 Unit Block of Flats £3,937,329 (£231,608/Unit) 5.61% Net Initial Yield Long Island City, NY 11106

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Investment Highlights

BUILDING IN EXCELLENT LOCATION-Very convenient location. Minutes to Manhattan,Next to Kaufman Studios, Supermarkets, Stores and Restaurants.
14 UNITS ARE FREE MARKET APARTMENTS, ONE WILL BE DELIVERED VACANT
Boiler is well Maintained, Roof is in good condition, maintained every year, Basement has high ceilings.Separate smart gas and electric meters updated

BUILDING IN EXCELLENT CONDITION -. 15 Apartments are Renovated, 16 Units are Spacious 1bedrooms and 1 x 2bedroom
Hallway lights and Electric is updated
1 block from Broadway, few blocks from Steinway street, Close to M, R ,N, W train, Minutes to Manhattan

Executive Summary

Price Reduced to Sell - Motivated Seller!
One of a kind building that has a lot of potential in todays market. Located in the heart of Astoria this is 4 story -17 Family Detached Brick Building for Sale. 14 UNITS ARE FREE MARKET APARTMENTS, EXCELLENT LOCATION BUILDING IN EXCELLENT CONDITION. Out of 17 Units - 16 units are 1 bedroom apartments and 1 is a 2 bedroom X 2 bath apartment. Lots of potential for an Investor. 15 Apartments have undergone a complete renovation. Each 1 bedroom apartment is approx.650-700 sq. ft. and the 2 bedroom is approx. 850-900 sqft. The entrance of the building has Zen marble tiled walls creating a pleasant feel, the interiors of the building , the Hallway, the electric has been updated. Roof is in good condition, maintained every year. Boiler is well Maintained. Basement has high ceilings. Separate smart gas and electric meters. Very convenient location. Next to C town supermarket, stores and restaurants. 1block from Broadway, few blocks from Steinway, close to M, R ,N, W trains and Minutes to Manhattan. Unique opportunity- Lots of growth and Income potential. Investors Delight. Setup available upon request.
***WE PROVIDE A FREE, CONFIDENTIAL & NO OBLIGATION
MARKET EVALUATION OF YOUR PROPERTY TODAY***

33-14 34TH AVE FOR SALE BROCHURE edit

Property Facts

Price	£3,937,329	Apartment Style	Mid Rise
Price Per Unit	£231,608	Building Class	C
Sale Type	Investment	Lot Size	0.09 AC
Net Initial Yield	5.61%	Building Size	9,072 SF
Sale Conditions	1031 Exchange	Average Occupancy	100%
No. Units	17	Number of Floors	4
Property Type	Residential	Year Built	1926
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£3,937,329
Price Per Unit	£231,608
Sale Type	Investment
Net Initial Yield	5.61%
Sale Conditions	1031 Exchange
No. Units	17
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.09 AC
Building Size	9,072 SF
Average Occupancy	100%
Number of Floors	4
Year Built	1926
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.