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34-28 43rd St

12 Unit Block of Flats £2,151,738 (£179,311/Unit) 5.51% Net Initial Yield Long Island City, NY 11101

Investment Highlights

  • Excellent Location
  • PRIME DESIREABLE ASTORIA

Executive Summary

12 FAMILY BUILDING LOCATED IN PRIME DESIREABLE ASTORIA. VERY CLOSE TO TRANSPORTATION AND 15 MINUTES TO MIDTOWN MANHATTAN.
EXCELLENT INVESTMENT OPPORTUNITY.
INQUIRE WITHIN

Attachments

34-28 43 st 2021

Financial Summary (Actual - 2021)

Annual Annual Per SF
Gross Rental Income £176,903 £35.44
Other Income - -
Vacancy Loss - -
Effective Gross Income £176,903 £35.44
Taxes £44,600 £8.93
Operating Expenses £13,830 £2.77
Total Expenses £58,429 £11.70
Net Operating Income £118,473 £23.73

Financial Summary (Actual - 2021)

Gross Rental Income
Annual £176,903
Annual Per SF £35.44
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £176,903
Annual Per SF £35.44
Taxes
Annual £44,600
Annual Per SF £8.93
Operating Expenses
Annual £13,830
Annual Per SF £2.77
Total Expenses
Annual £58,429
Annual Per SF £11.70
Net Operating Income
Annual £118,473
Annual Per SF £23.73

Property Facts

Price £2,151,738
Price Per Unit £179,311
Sale Type Investment
Net Initial Yield 5.51%
Gross Rent Multiplier 13.27
No. Units 12
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,992 SF
Average Occupancy 100%
Number of Floors 3
Year Built 1922
Opportunity Zone Yes

Amenities

  • Smoke Detector

Unit Amenities

  • Kitchen
  • Refrigerator
  • Basement

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 6 - -
1+1 6 - -
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (75)
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
00675-0042
Land Assessment
£87,674 (2024)
Improvements Assessment
£255,274 (2024)
Total Assessment
£342,948 (2024)
Annual Taxes
£44,600 (£8.93/sf)
Tax Year
2021

zoning

Zoning Code R5 Queens(C1) (A low-density residential zoning district in New York City that allows for a variety of residential buildings)
R5 Queens(C1) (A low-density residential zoning district in New York City that allows for a variety of residential buildings)
  • Listing ID: 22440841

  • Date on Market: 10/03/2021

  • Last Updated:

  • Address: 34-28 43rd St, Long Island City, NY 11101

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