Shannon Heyman

44-05 28th Avenue, Astoria, NY 11103

$1,389,000
  • 44-05 28th Avenue, Astoria, NY 11103 Main Photo

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Active
BEDS0 BATHS MLS#1051047
STATUSActive PROPERTY TYPECommercial - SCHOOLQueens 30

Property Description

***6 Family Building for Sale in Astoria - 7% Cap Rate*** Superbly maintained building offering investors an income generating opportunity without upfront renovation costs. Located in a warm and friendly Astoria neighborhood, one block away from 30th Avenue and a 10-minute walk to the train, this multi-family building experiences continuous tenant demand! SET-UP 1st Floor: (2) One-Bedroom Apartments / 2nd Floor: (1) One-Bedroom Apartment, (1) Two- Bedroom Apartment / 3rd Floor: (1) One-Bedroom Apartment, (1) Two- Bedroom Apartment BASEMENT - Full, Partially Finished OUTDOORS - Backyard, side alley _____ CAP RATE: 7% _____ Gross Yearly Income: $134,820.48 Expenses: $36,609 Lot Size: 26 x 90 _____ Bldg Size: 21 x 70 _____ Taxes: $19,373 _____ Zoning: R5 _____ Ready for immediate income generation with easy to rent apartments, this building is in great condition. LOCATION This prime Astoria spot is surrounded by popular dining, shopping, and entertainment options and is in a high demand area for renters. TRANSPORTATION Conveniently located just a 10-minute walk from the R/M subway station and walking distance to the N/W trains, providing quick access to Manhattan in under 20 minutes. With Citibike stations and multiple bus lines nearby, residents enjoy numerous transportation options.

44-05 28th Avenue | MLS# 1051047

This commercial property located at 44-05 28th Avenue, Astoria, NY 11103 is currently listed for sale with an asking price of $1,389,000. 44-05 28th Avenue is located within the Queens 30 school district. Search Astoria real estate on www.shannonheyman.com today.

Property Features

Property Type: Commercial -
Basement: Yes
Basement: Full, Partially Finished
Cooling: None
Heating: Natural Gas
Lot Size: 0.05 Acres
Stories: 3.0
Taxes: $19,373
Year Built: 1928

Feature Descriptions

Building Area Total: 4410
Cap Rate: 7
Days on Site: 12
Exterior: Brick
Fuel Expense: 7915
Heating Units: 1
Heating Zones: 1
House Faces: South
On Market Date: 2026-09-15
Parcel Number: 00715-
Parking Features: None
Parking Total: 0
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Seller Concession: Yes
Separate Electric Meters: 7
Separate Gas Meters: 7
Sewer: Public Sewer
Units: 6
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

High School: William Cullen Bryant High School
Middle School: Is 10 Horace Greeley
Elementary School: Ps 70
School District: Queens 30

Listed By / Shown By

Listing By

Agency Name: Carmela Homes Corp
Agency Phone: 718-932-3800

Shown By

Agent Name: Shannon Heyman
Agent Phone: (631) 240-6185
Agency Title: Howard Hanna | Coach Realtors

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