




26-31 3rd St #2, Astoria, NY, 11102
About This Home
Upside Upside !!!! GROSS INCOME $755,592 TAX ABATEMENT THRU 2059 :Welcome to 2631 3rd St Astoria, NY 11102 A High Demand luxury Rental Market With easy Travels to Manhattan And the outer Boroughs. :Surrounded By New Luxury High rise Rentals & Luxury Condo developments . :This Asset presents a Great opportunity to acquire a newly constructed Luxury Rental building with Great tax incentives and long-term upside WITH PLENTY OF ROOM TO GROW ON 11 FREE MARKET UNITS . :This Five -story elevator property features 16 residential units—ranging from studios , 1 bedrooms & two-bedrooms All Built With Modern Standards And Condo Finishes , :Tenants are Responsible For All Utilities , :Building Features a 4915 SQ Ft Community Facility Delivered Vacant Giving The New Owner Flexibility In Pricing . :The building benefits from 421a tax abatement through 2059 offering significant savings and enhanced investment returns. :Located in a rapidly evolving neighborhood Of Halets Cove , the property is surrounded by new developments and offers seamless access to Manhattan, Brooklyn, and other parts of Queens via the N, W, and the NY FERRY or Bus service Also Located just a Minute Away . :This asset is ideal for investors seeking a Strong income stream with Great future upside.
Getting Around
Schools
Construction
Condition
- Year built: 1900
Materials
- Roof: Roof Rights
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 16
- Bathrooms: 16
- Full bathrooms: 16
Cooling
- Cooling features: Central Air
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 27,730
- Total interior livable area: 27,730 sqft
Property
Accessibility
- Accessibility features: Wheelchair Access
Details
- Special condition: Resale
Features
- Patio & porch: Other,Terrace,Deck
- Exterior features: Courtyard,Balcony,Garden,Private Roof Deck,Terrace
- Has view: Yes
- View description: City,Skyline,Water
- Has water view: Yes
- Water view: Water
Parking
- Parking features: Garage
- Has garage: Yes
