Description
Welcome to 28-32 44th Street, a completely detached, four-story, 12-unit rent-stabilized building situated just off 30th Avenue in the heart of Astoria, Queens. This exceptional investment property features a full basement and three distinct one-bedroom layouts, providing flexibility and appeal to a variety of tenants. Each of the 12 one-bedroom units is thoughtfully designed with plenty of windows, ensuring an abundance of natural light throughout the building. The property's detached structure enhances privacy and ventilation, making it even more desirable for tenants. Astoria remains one of the most sought-after rental markets, ensuring strong occupancy rates and consistent rental income. With its proximity to major transit, vibrant dining, and retail corridors, this property presents a compelling opportunity for investors seeking long-term value appreciation in a high-demand neighborhood. Annual Rent Roll: $277,139 NOI: $174,000 Property Taxes: $26,066 Building Dimensions: 19x 89 Lot Size: 25x100
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School Ratings & Info
Description
Welcome to 28-32 44th Street, a completely detached, four-story, 12-unit rent-stabilized building situated just off 30th Avenue in the heart of Astoria, Queens. This exceptional investment property features a full basement and three distinct one-bedroom layouts, providing flexibility and appeal to a variety of tenants. Each of the 12 one-bedroom units is thoughtfully designed with plenty of windows, ensuring an abundance of natural light throughout the building. The property's detached structure enhances privacy and ventilation, making it even more desirable for tenants. Astoria remains one of the most sought-after rental markets, ensuring strong occupancy rates and consistent rental income. With its proximity to major transit, vibrant dining, and retail corridors, this property presents a compelling opportunity for investors seeking long-term value appreciation in a high-demand neighborhood. Annual Rent Roll: $277,139 NOI: $174,000 Property Taxes: $26,066 Building Dimensions: 19x 89 Lot Size: 25x100
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