Listed by Brooklyn Blocks Real Estate
$2,700,000
30-60 44th Street
Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 5,570
Units 6
Tenancy Vacant
Pro-Forma Cap Rate 10.78%
Pro-Forma NOI $291,000
Class A
Year Built 1928
Year Renovated 2028
Buildings 1
Zoning R5
Investment Type Value Add
Ground Lease No
Sale Condition Bank owned foreclosure
Bank Owned Opportunity! Free Market 6 Units!
Marketing description
Presenting a remarkable investment opportunity Astoria, NY —Gut RENOVATED renovated six-unit apartment building Prior to 2019 nestled in the heart of Astoria. This property offers six free-market apartments, providing flexibility for potential rental income. The building spans 5,570 square feet.
This property is Vacant and recently taken back by the lender..the property has been Gut Renovated and just with some touch up you can turn this in to a CASH COW!
There are four 3 Bedrooms 2 Bathrooms & two duplexes one a 4 Bed and a Bed!
Investment highlights
Minimal Work needed!
Huge huge Upside!.
Great CondoConversion or a massive Cap rate!
Listing Contacts
Listed by Brooklyn Blocks Real Estate
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