20-14 29th St Astoria, 29th., St., Astoria, NY

$1,589,000

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6,101

Square feet

0.06

Acres

About 20-14 29th St Astoria, 29th., St.

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%

Features of 20-14 29th St Astoria, 29th., St.

MLS® # 847324
Price $1,589,000
Bathrooms 0.00
Internal Footage 6,101
Square Footage 2500
Acres 0.06
Year Built 1931
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 20-14 29th St Astoria, 29th., St.
City Astoria
County Queens
State NY
Zip Code 11105

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling None
Fireplace No
# of Stories 4
Has Basement Yes
Basement Full, Unfinished

Exterior

Construction Brick

Additional Information

Date Listed April 10th, 2025
Days on Market 202
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofWeichert Realtors TMT Group
Contact Info917-270-8080

Listing Map

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