List Search

3076 33rd St
Astoria, NY 11102 Downtown Astoria

$2,349,000 USD

Apartments For Sale  •  6,468 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,468 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1925
  • Cap Rate 5.93 %
  • Zoning R6B
100 Transit Score
99 Walk Score

Highlights

Mixed Rental Structure: 5 rent-stabilized units and 2 Fair market units with potential rents of $31,00 each
Strong Rental Income: Currently generating $14,922 per month with potential to reach $179,064 in gross annual income once fully leased.
Renovated Units: Six of the seven units have been tastefully upgraded with modern finishes.
Spacious Apartments: Each unit is approximately 925 sq. ft., featuring 2 large bedrooms, a spacious living room, a full kitchen, and ample closet spac
Investment Potential: Cap rate of approximately 6%
Vacant Units Ready to Lease: Three vacant units, ideal for new tenants or immediate rental income.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $139,264 USD (2024)
Cap Rate: 5.93 %
Total Expenses: $39,800 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road) 7 min - 3.0 mi
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 6 min - 3.0 mi
Transit/SubwayDriveWalkDistance
30 Avenue (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 0 min 4 min 0.2 mi
Broadway (N Line) (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
Astoria Boulevard (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 13 min 10 min 0.5 mi
Steinway Street (E - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 12 min 0.6 mi
36 Avenue (N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
Laguardia 7 min - 3.1 mi
John F Kennedy International 20 min - 14.3 mi
Newark Liberty International 30 min - 19.4 mi
Imran Khan 917-545-9797 IK REALTY TEAM - Realty Executives Today
Imran Khan 917-545-9797 IK REALTY TEAM - Realty Executives Today