20-14 29th St Astoria, 29th., st., Astoria, NY 11105
20-14 29th St Astoria, 29th., st., Astoria, NY 11105
20-14 29th St Astoria, 29th., st., Astoria, NY 11105
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$1,589,000
Est. payment /mo
2,495 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 847324

Rental Info No

Year Built 1931

Annual Tax Amount $20,204

Lot Size 2,495 Sqft

Acres 0.0573

Property Sub-Type Multi Family

Source onekey2

Property Description

6 family building with vacant 1200 sq ft store front on ground floor formerly a bar. No rent controlled apartments. Only rent stabilized. Roof is 6 years old. Gas fired steam heat. Gas furnace is 6 years old. There are (3) - 1 bedroom apartments and (3) - 2 bedroom apartments. Pro forma annual Income $187,000 Annual Expenses: Taxes $18,630 Gas and Electric $9,033 Insurance $11,531 Water $7,958 Misc Repairs $3,300=$50,542. NOI $136,458. Cap Rate 8.58%

Rent Increases in Rent Stabilized Homes:
1-year lease. 2.75%. 2-year lease 5.25%

Location

State NY

County Queens

Rooms

Basement Full, Unfinished

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Fence Back Yard

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Building

Story 4

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None


Read Less Info
OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Weichert Realtors TMT Group • Joseph D. Ferone CBR

NEARBY SCHOOLS & PROPERTIES

Arif Baksh

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

baksharif@gmail.com

399 Knollwood Rd, White Plains, NY 10603, USA

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20-14 29th St Astoria, 29th., st.