20-14 29th St Astoria, 29th., st.
Astoria,
NY
11105
- Commercial
- PRICE REDUCED
- Year Built 1931
- Multi Family
- ML# 847324
Property Details
Overview
6 family building with operating bar on first floor. Bar is 1200 square feet.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. 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%
Key Facts
- •Lot Size: 0.0573
- •Lot Sq Ft: 2500
- •Taxes: $20,205
- •Sale or Rent: Sale
•Block: 849
- •Lot: 83
- •Construction Materials: Brick
- •Stories: 4
- •Heat: Natural Gas
- •A/C: None
- •Water: Public
- •Sewer: Public Sewer
- •Taxes: $20,205
- •Maintenance: $1,200
Listing Information provided courtesy of
Weichert Realtors TMT Group
917-270-8080
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