New York City Apartments: Astoria 8 Bedroom Apartment for Sale @ $2,500,000

Size: 8 Beds, 4 Bath,
SqFt Size: ~ 3,000 SqFt
Listing #: 1096702
Area: Astoria
Type: Apartment
Availability: NOW!
 
Address: 23-17 38TH ST. #4FAM
FOR SALE Mortgage Calculator
$2,500,000
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Incredible Astoria Four  w/ Outdoor Space_Laundry & Storage in Basement!
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Listing #: 1096702 Location: Astoria
Excellent Investment or 1031 Exchange Opportunity! Over a 4% cap rate in growth neighborhood with opportunity to add value.

This is a hassle free investment opportunity with tenants already in place and well running property. Being close to the subway as well as some of the most vibrant offerings Astoria has to offer will forever hold your value in the home and allow for increasing rents over time.

*Four (4) Unit Building
*2 Floors and Basement with laundry and storage
*All 4 units have extra high ceilings, eat-in kitchens, tons of windows and natural light!

UNIT 1L: Tenant in place for $3, 100. Massive private back yard with patio! Full size stainless steel appliances including dishwasher!

UNIT 1R: Tenant in place for $2, 450. Super sleek and updated chef's kitchen with high end stove and oven.

UNIT 2L: Tenant in place for $2, 300. White kitchen with full size appliances including dishwasher.

UNIT 2R: Tenant in place for $2, 250. White kitchen with full size appliances including dishwasher.

BASEMENT: Washer and Dryer, 4 storage rooms for additional income. Tenants control and pay their own electricity and gas individually.

PROJECTED NOI: 103K

CAP RATE: 4.12 %

*Astoria's most iconic streets (Steinway & Ditmars) just around the corner!
*Just a short walk to N/W trains at Astoria Blvd and Ditmars Blvd stations.
*Home to some of the best restaurants, cafes and night life, Astoria is the perfect neighborhood for any New Yorker!
*Quiet and safe area, yet close to everything.

Sales Team Leader - Anchor Knights - Senior Associate
212.310.0352
609.709.9560
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Salesperson
304.470.0333
304.470.0333
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Amenities And Features
Laundry
Storage
WiFi
Balcony
Outdoor Space
Garden
Patio
Multi Level
Dishwasher
Hardwood
High Ceilings
Renovated
Granite Kitchen
Light
 

All information and data enclosed herein was gathered from sources deemed reliable but is subject to errors, omissions, changes in price, commission, withdrawal without notice, or prior sale. No representation is made as to the accuracy of any description. All measurements and square footage quotes are approximate and all information should be confirmed by customer or by hiring a third party architect or engineer. Anchor Associates actively supports equal housing opportunities and adheres to all fair housing guidelines as set forth by law. If an error is observed, kindly bring it to our attention.
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Astoria
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