3035 49th St
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3035 49th St
6 Unit Apartment Building $2,534,347 CAD ($422,391 CAD/Unit) 6.29% Cap Rate Astoria, NY 11103
Investment Highlights
- Highly desirable location
Executive Summary
Prime Location! Excellent Investment Opportunity in the Heart of Astoria. Situated in a highly sought-after area, the building is in excellent condition with recent upgrades making it a promising choice for investors seeking steady income. Recently installed features include CCTV security, new roof and solar electric system installed just three years ago, ensuring increased energy efficiency. Location is in the vibrant neighborhood of Astoria. Residents enjoy easy access to restaurants, shops, parks, and public transportation options.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
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| Other Income |
-
|
-
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| Vacancy Loss |
-
|
-
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| Effective Gross Income |
-
|
-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,534,347 CAD | Apartment Style | Low Rise |
| Price Per Unit | $422,391 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 6.29% | Building Size | 5,250 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1928 |
| Price | $2,534,347 CAD |
| Price Per Unit | $422,391 CAD |
| Sale Type | Investment |
| Cap Rate | 6.29% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,250 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1928 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
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Walk Score ®
Walker's Paradise (91)
Transit Score ®
Rider's Paradise (98)
PROPERTY TAXES
| Parcel Number | 00740-0034 | Improvements Assessment | $220,007 CAD (2024) |
| Land Assessment | $5,069 CAD (2024) | Total Assessment | $225,076 CAD (2024) |
PROPERTY TAXES
Parcel Number
00740-0034
Land Assessment
$5,069 CAD (2024)
Improvements Assessment
$220,007 CAD (2024)
Total Assessment
$225,076 CAD (2024)
zoning
| Zoning Code | R5, Queens (R5 districts allow a variety of housing at a higher density than permitted in R3-2 and R4 districts.) |
| R5, Queens (R5 districts allow a variety of housing at a higher density than permitted in R3-2 and R4 districts.) |
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3035 49th St
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