Corner Multifamily Elevator 1810 27th Ave

17 Unit Apartment Building $8,355,248 CAD ($491,485 CAD/Unit) 7.30% Cap Rate Astoria, NY 11102

INVESTMENT HIGHLIGHTS

  • 7.3% cap rate
  • 2005 Construction
  • Tax Abatement until 2033

EXECUTIVE SUMMARY

• Prime Astoria 4-Story Corner Multifamily
• +/- 18,880 Square Feet – Built in 2005
• 17 Apartments & 7 Parking spaces
• 25-year 421a Tax Abatement expiring in 2033
• Located by Astoria Blvd & 27th Ave
• Long Term Ownership – First sale in 20+ Years

PROPERTY FACTS

Price $8,355,248 CAD
Price Per Unit $491,485 CAD
Sale Type Investment
Cap Rate 7.30%
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.35 AC
Building Size 18,883 SF
No. Stories 4
Year Built 2005
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (86)

PROPERTY TAXES

ZONING

Zoning Code R6B
  • Listing ID: 34478787

  • Date on Market: 2025-01-14

  • Last Updated:

  • Address: 1810 27th Ave, Astoria, NY 11102