About This Home

6 family building with vacant 1200 sq ft store front on ground floor formerly a bar. Pro forma bar rent 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. Pro forma Cap Rate 8.58%. Rent increase in Rent Stabilized Homes: 1-year lease 2.75%. 2-year lease 5.25%

Getting Around

Very Walkable

Very Limited Transit

Very Bikeable

Schools

7/10

Ps 122 Mamie FayGrades PK-80.4 mi

3/10

Long Island City High SchoolGrades 9-121.7 mi

6/10

Is 141 The SteinwayGrades 6-80.4 mi

Construction

Condition

Year built: 1931

Type & Style

Home type: MultiFamily
Property subType: Multi Family

Interior

Bedrooms & Bathrooms

Bedrooms: 9
Bathrooms: 6
Full bathrooms: 6

Interior Area

Total structure area: 6,101
Total interior livable area: 6,101 sqft

Property

Details

Special condition: Resale

20-14 29th St #1, Astoria, NY, 11105