20-14 29th ST, Astoria, NY 11105
20-14 29th ST, Astoria, NY 11105
20-14 29th ST, Astoria, NY 11105
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$1,589,000
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2,495 Sqft Lot
New

20-14 29th ST Astoria, NY 11105

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Kevin Smith

Kevin Smith

+1(845) 250-3438

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1071220

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

Parking Features On Street

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

Schools

High Schools Contact Agent

School District Contact Agent

Others

Special Listing Condition None

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

Kevin Smith
Kevin Smith

Licensed Real Estate Associate Broker License ID: 10301223551

+1(845) 250-3438 | kev.smith@exprealty.com

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20-14 29th ST