Listed by Keller Williams NYC
$2,500,000
1436 26th Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,288
Units 8
Cap Rate 8.64%
NOI $216,022
Occupancy 100%
Price per SqFt $343
Class B
Year Built 1931
Buildings 1
Stories 4
Ground Lease No
Multifamily building for sale including an operational laundromat with income
Marketing description
KW Commercial and Sarri Realty Global have been exclusively retained for the sale of this corner mixed-use property in Astoria, NY.
This is a unique opportunity to purchase a multifamily building with 7 residential units and 1 commercial unit. In addition, the buyer will take over an existing laundromat business that generates approximately $96,000 per year in additional income.
About the Building
• Built in 1931
• Four-story mixed-use building
• 7 residential units:
1 two-bedroom unit
6 three-bedroom units
• Total size: 7,288 square feet
• Commercial unit: Laundromat (buyer to take over business)
• Protected tax class: 2B
Listing Contacts
Listed by Keller Williams NYC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$216,022.00
$18,001.83/mo
Valuation Metrics
0
DSCR
8.64%
Cap Rate
8.64%
ROI
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