20-14 29th St Astoria, 29th., st., Astoria, NY 11105
20-14 29th St Astoria, 29th., st., Astoria, NY 11105
20-14 29th St Astoria, 29th., st., Astoria, NY 11105
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Randy Reis

Randy Reis

+1(917) 435-4870
$1,589,000
Est. payment /mo
2,495 Sqft Lot
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UPDATED:

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 847324

Rental Info No

Year Built 1931

Annual Tax Amount $20,204

Lot Size 2,495 Sqft

Acres 0.0573

Property Sub-Type Multi Family

Source onekey2

Property Description

6 family building with vacant 1200 sq ft store front on ground floor formerly a bar. No rent controlled apartments. Only rent stabilized. Roof is 6 years old. Gas fired steam heat. Gas furnace is 6 years old. There are (3) - 1 bedroom apartments and (3) - 2 bedroom apartments. Pro forma annual Income $187,000 Annual Expenses: Taxes $18,630 Gas and Electric $9,033 Insurance $11,531 Water $7,958 Misc Repairs $3,300=$50,542. NOI $136,458. Cap Rate 8.58%

Rent Increases in Rent Stabilized Homes:
1-year lease. 2.75%. 2-year lease 5.25%

Location

State NY

County Queens

Rooms

Basement Full, Unfinished

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Fence Back Yard

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Building

Story 4

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

Read Less Info
OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Weichert Realtors TMT Group • Joseph D. Ferone CBR

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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