TZM Realty Properties
TZM Realty Properties
Listed by TZM Realty Properties
$1,300,000
3414 33rd Street
Details
APN 00609-0034
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
NOI $75,022
Year Built 1923
Buildings 1
Acreage 0.055
Zoning R5
Multifamily | 6 Units
Marketing description
Exceptional investment opportunity in the heart of Astoria, Queens.
This solid brick 6-family building features all spacious two-bedroom units, each currently occupied and rent stabilized, offering stable, long-term income with future upside.
Well maintained by long term ownership, the property presents excellent potential for investors seeking steady cash flow in one of Queens’ most desirable rental markets.
Conveniently located near Steinway Street, Ditmars Blvd, and Astoria Blvd with easy access to subways, local shops, schools, and restaurants.
Ownership pays heat & hot water, and maintains a consistent rent roll with minimal vacancy.
Highlights:
Six (6) Rent Stabilized Two Bedroom Apartments
Excellent location near major transportation & amenities
Strong rental history with long term tenants
Potential for rent growth
Located within School District 30
Close to Astoria Park, LaGuardia Airport, and Grand Central Pkwy
Listing Contacts
TZM Realty Properties
TZM Realty Properties
Listed by TZM Realty Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,022.00
$6,251.83/mo
Valuation Metrics
0
DSCR
5.77%
Cap Rate
5.77%
ROI
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