21-51 27th St - Apartments FOR SALE


Astoria, NY 11105
$3,800,000 USD
917-749-6111
21-51 27th St, Astoria, NY for Sale
$3,800,000 USD
Apartments - FOR SALE
1/6
null | 6.19% Cap Rate

21-51 27th St
Astoria, NY 11105


HIGHLIGHTS

  • Prime Astoria/Ditmars Location
  • 12 renovated apartments
  • Hassle free property

OVERVIEW

INTRODUCING A RARE 16-UNIT MULTIFAMILY BUILDING IN THE HEART OF ASTORIA, QUEENS, OFFERING EXCEPTIONAL STABILITY AND LONG-TERM UPSIDE. THIS METICULOUSLY MAINTAINED PROPERTY FEATURES 12 FULLY RENOVATED APARTMENTS, UPDATED ROOF, AND OVERALL EXCELLENT BUILDING CONDITION THAT REFLECTS TRUE PRIDE OF OWNERSHIP. LOCATED IN ONE OF ASTORIA’S MOST DESIRABLE AND HIGH-DEMAND CORRIDORS, CLOSE TO ALL CONVENIENCES AND TRANSPORTATION, THIS ASSET PROVIDES STRONG RENTAL APPEAL, CONSISTENT CASH FLOW, AND MINIMAL FUTURE CAPITAL NEEDS — AN IDEAL ADDITION TO ANY INVESTOR’S PORTFOLIO.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$345 USD /SF

# OF UNITS

16

PRICE/UNIT

$237,500

CAP RATE

6.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,886 SF

ZONING

R5

APN/PARCEL ID

00857-0013

ASK ABOUT THIS PROPERTY

Mario TsikisCiti ZoneMore Info
917-749-6111

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Mario TsikisCiti ZoneMore Info
917-749-6111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.