Description
20-14 29th, Astoria, NY 11105
6 family building with operating bar on first floor. Bar is 1200 square feet with lease to expire July 2025. 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. 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. Cap Rate 7.6%.Rent Increases in Rent Stabilized Homes: 1-year lease. 2.75%. 2-year lease 5.25%
This is an Active listing.
Broker Office Phone Number: 718-229-5200
Copyright © 2025My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 718-229-5200
Copyright © 2025My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Steam Heat
- Garage
Price History
View all +
Date | Price | Variance | Type |
---|---|---|---|
5/5/2025 | $1,789,999 | - | Listed |
Listing By: WEICHERT REALTORS TMT GROUP via Data Source: My State MLS