32-72/70 48, Astoria

$3,650,000

0 Beds
0 Baths
5.62 Acres
0 Garages

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.

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Essential Information
MLS® #3532098
Price$3,650,000
Bathrooms0.00
Acres5.62
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address32-72/70 48
CityAstoria
CountyQueens
StateNY
Zip Code11103
Interior
# of Stories3
Heating

Natural Gas, Baseboard, Hot Water

Additional Information
Date ListedFebruary 16th, 2024
Days on Market87
ZoningR5
Listing Details
Listing Courtesy ofAMO Realty
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Listing information last updated on May 13th, 2024 at 12:55pm CDT.