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$1,325,000

Est. payment - /mo

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Pending

34-62 10th ST Astoria, NY 11106

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Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID L3553820

HOA Y/N No

Rental Info No

Year Built 1931

Annual Tax Amount $9,687

Lot Dimensions 25x100.83

Property Sub-Type Mixed Use

Source onekey2

Property Description

Calling All Investors, Developers, & End-Users!!! 3 Unit Free Market Mixed-Use Building With HUGE Yard In Astoria For Sale!!! The Property Features Excellent Signage, Great Exposure, Large Yard, (2) Free Market 2Br. Apartments, Strong R5 Zoning, High 10' Ceilings, Low Property Taxes, Separate Meters, Skylight, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Astoria Only A Few Blocks From The Ed Koch Queensboro Bridge Offering Direct Easy Access To Manhattan!!! Neighbors Include Hilton Hotels, Marriott Hotels, Wyndham Hotels, T-Mobile, The Home Depot, CubeSmart Self Storage, Best Buy, Dunkin', Planet Fitness, Marshalls, Michaels, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Security Company: $26,400 Ann.; Lease Exp.: 12/31/24. 2nd Floor Apt. (2 Br., 1 Bath): $22,800 Ann.; Lease Exp.: 12/31/24. 3rd Floor Apt. (2 Br., 1 Bath): $25,671 Ann.; Lease Exp.: 12/31/24. LL: $18,000 Ann. (Available) Pro Forma Gross Income: $92,871 Ann. Expenses: Gas: $3,860 Ann. Electric: $480 Ann. (Hallway Only) Maintenance & Repairs: $250 Ann. Insurance: $2,823 Ann. Taxes: $9,687.68 Ann. Water: $4,300 Ann. Total Expenses: $21,400.68 Ann. Net Operating Income (NOI): $71,470.32 Ann.

Location

State NY

County Queens

Interior

Heating Natural Gas

Fireplace No

Exterior

Total Parking Spaces 6

Private Pool No

Others

Special Listing Condition None

Listed by All Island Estates Realty Corp

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States