20-14 29th St

Astoria, NY 11105
  • $1,589,000

    Price
  • 0.06

    Acre

About the Listing TAAN01 - 169850

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%

Listing Highlights for 20-14 29th St

Status Active
Days on Site 7
Property Type Commercial Sale
MLS ® 1071220
Year Built 1931
Lot/Acreage 0.06
County Queens
School District Contact Agent

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Full,Unfinished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $20,205
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00849-0083
  • Tax Year: N/A

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Listing Location

Questions About..

20-14 29th St Astoria, NY 11105

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Originating MLS: onekey2

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Rakesh (Ricky) Khanna

Licensed Real Estate Salesperson |

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