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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26335824
26335825

2716 18th St, Queens, NY 11102

DH
NY New York
Hakimian Properties
EH
NY 10301215654
Edmond Hakimian
Listed by Hakimian Properties, Edmond Hakimian
$3,530,000
299 days on market
Updated 97 days ago

Astoria 6-Family

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,688
Units 6
Cap Rate 7.25%
NOI $256,000
Occupancy 100%
Price per SqFt $621
Class A
Year Built 2016
Buildings 1
Stories 4
Lot Size (SqFt) 2,620
Zoning R6B, C2-3
Parking Spaces 4 spaces
Parking Per SqFt 0.70
Investment Type Stabilized
Sale Condition For sale by owner

New Construction with Unit Sizes of the good old days

Marketing description

Astoria 6-Family Building – Three Duplex Units, Two with Rooftop Terraces

Rare opportunity to own a modern 6-family building in the heart of Astoria. Built in 2016, this unique property features three spacious duplex apartments—two with private rooftop terraces offering breathtaking views of the NYC skyline and RFK Bridge.

All six units include king-size bedroom layouts, contemporary kitchens, stylish bathrooms, premium finishes, and oversized windows that flood the spaces with natural light. Tenants pay for their own heating and cooling, significantly reducing operating costs.

Unbeatable location: walking distance to the NYC subway for a quick Manhattan commute, directly across from Citi Bike, and close to the RFK Bridge, Astoria Park, shopping, and dining. Strong rental demand in this high-growth neighborhood, adjacent to Long Island City, makes this an exceptional investment opportunity.

Call the Owner Directly: 718-404-8809

Investment highlights

Ideal for long-term investment, as the 421a (15) tax abatement runs through 2032, after which all units will be free-market.

Press the link below to see the floor plans:

https://1drv.ms/b/c/946978f4e632fa60/EU-1yajk-jlDichK-jt8MqIBNVpIfNLns3SSUx0kx4Rgag?e=xCJY3n

Listing Contacts

DH
NY New York
Hakimian Properties
EH
NY 10301215654
Edmond Hakimian
Listed by Hakimian Properties, Edmond Hakimian

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$256,000.00
$21,333.33/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

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Additional Information

Name
Daniel Hakimian
License
New York
Brokerage
Hakimian Properties
Name
Edmond Hakimian
License
10301215654
Brokerage
Daniel Hakimian
Brokerage Phone
5162447977
Title
Associate Real Estate Broker
Brokerage Address
358 5th Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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