Listed by Highcap Group
$2,125,000
Prime Astoria | Free Market Mixed Use Building | 8.5% CAP
Details
Property Type Mixed Use
Sub Type residential and commercial
Square Footage 3,420
Cap Rate 9.04%
Occupancy 100%
Pro-Forma Cap Rate 8.51%
Pro-Forma NOI $180,753
Price per SqFt $621
Lot Size (SqFt) 1,900
Investment Type Value Add
Tax Class: 2A | 3-Story
Marketing description
Prime South Astoria, Queens Location
· 3-Story Mixed Use building with 4 apartments and 1 store
· Four free market tenants on m/m basis, owner will not deliver vacant
· Restaurant lease expires in July, 2030
· Tax Class : 2A
· NOI: $181k (Proforma), (8.5% Proforma CAP)
Investment highlights
Prime South Astoria, Queens Location
· 3-Story Mixed Use building with 4 apartments and 1 store
· Four free market tenants on m/m basis, owner will not deliver vacant
· Restaurant lease expires in July, 2030
· Tax Class : 2A
· NOI: $181k (Proforma), (8.5% Proforma CAP)
Listing Contacts
Listed by Highcap Group
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