32-72/70 48, Astoria, NY

$3,650,000

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5.62

Acres

About 32-72/70 48

We are thrilled to present a unique investment opportunity in the heart of Astoria/Long Island City, showcasing a multi-family portfolio in an exceptional location with remarkable growth potential. Portfolio comprises of 2 buildings attached directly next to each other. Building comes with 12 total Rent Stabilized Units with additional sublease and storage rental income. Portfolio has high add-in income potential with preferential rents which could be brought to legal rent value adding over net $60k to the overall net income. Building has been managed and owned by the same owners for over 20+ years.

Features of 32-72/70 48

MLS® # 3532098
Price $3,650,000
Bathrooms 0.00
Acres 5.62
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 32-72/70 48
City Astoria
County Queens
State NY
Zip Code 11103

Additional Information

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Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Baseboard, Hot Water
Fireplace No
# of Stories 3

Additional Information

Zoning R5
Short Sale No
RE / Bank Owned No
Taxes (total) $37,772

Listing Details

OfficeAMO Realty
Office Contact617-247-1933

Listing Map

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