Seize the opportunity to own 33-29 Astoria Blvd North, an incredible 3,500 sq ft building perfect for both owner-users and investors. Featuring a highly popular 4 AM lounge that generates impressive income, this property includes two brand new residential units (2019) and a versatile rooftop space ideal for an amenity area, such as a dog park.
With a 6.08% cap rate as-is, this building offers strong returns and the flexibility for tenants to renew or vacate, making it a dynamic investment. Additionally, the potential for city proposals to increase the FAR to 2 opens up exciting possibilities for future growth. Don’t miss out on this prime asset in a thriving location!
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