32-72/70 48 St, Astoria, NY 11103 | MLS 3532098 | Listing Information | Berkshire Hathaway HomeServices Laffey International Realty | Berkshire Hathaway HomeServices Laffey International Realty
FOR SALE
$3,650,000  

32-72/70 48 St
Astoria, NY 11103

Mixed Use, Business Opportunities
Commercial
5,500
Sq. Ft.
5.62
Acres Lot
Listing by: AMO Realty, 617-247-1933

Description for 32-72/70 48 St Astoria, NY 11103

We are thrilled to present a unique investment opportunity in the heart of Astoria/Long Island City, showcasing a multi-family portfolio in an exceptional location with remarkable growth potential. Portfolio comprises of 2 buildings attached directly next to each other. Building comes with 12 total Rent Stabilized Units with additional sublease and storage rental income. Portfolio has high add-in income potential with preferential rents which could be brought to legal rent value adding over net $60k to the overall net income. Building has been managed and owned by the same owners for over 20+ years.

Property Details

3532098
Mixed Use, Business Opportunities, 3+ Story
Queens
5.62 Acres
3
5,500 Sq. Ft.
12 Total
Residential
Interior Features
Heating
Gas Heat, Electric Heating. Baseboard, Hot Water.
Exterior / Lot Features
Zoning
R5
Financial Considerations
$37,772

Market Trends

Listing by: AMO Realty, 617-247-1933
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