Papp Realty was exclusively retained to represent the sale of an 8-unit building in a prime Astoria location, only five minutes' walk to 30th Avenue and the N/W subway line.
The property was built in 2016 and features seven units: 6 one-bedroom apartments and 2 two-bedroom duplex apartments (with 1.5 bathrooms in each) with a huge backyard.
All the units have separate boilers for heat and hot water, which the tenants pay for. The property is in pristine condition. Expenses ---------- $32,160 Gross Income ----- $197,400 Net Income ------- $165,240
All information in this site is deemed reliable but is not guaranteed and is subject to change