About 20-14 29th Street Astoria, 29th., St.
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%
Features of 20-14 29th Street Astoria, 29th., St.
| MLS® # | 847324 |
|---|---|
| Price | $1,589,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,101 |
| Acres | 0.06 |
| Year Built | 1931 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 20-14 29th Street Astoria, 29th., St. |
|---|---|
| City | Astoria |
| County | Queens |
| State | NY |
| Zip Code | 11105 |
Additional Information
Listing Details
| Office | Weichert Realtors TMT Group |
|---|---|
| Office Contact | 917-270-8080 |