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Investment Opportunity In Gorgeous, Historic Astoria  
30-75 34th Street, Astoria, NY 11103   Web ID 71

Details

Asking Price: $7,100,000
Approximate Sqft: 24,000
Projected Rent Roll For 2008 : 429, 387
Projected Rent Roll For 2009: 446,552
Projected Rent Roll For 2010: 464,424
Projected Rent Roll For 2011: 483,001
Projected Rent Roll For 2012: 502,321
Gross Annual Income : 412,872
Less Expenses: 102,149
Net Operating Income : 310,723

Investment Opportunity In Gorgeous, Historic Astoria

Elegant prewar rental building. Oversized apartments with large rooms, oak floors, winde windows and doorways, eat in kitchens, separate foyers. Interior plumbing is 100% red brass. The building currently has a tradtional heating system but is 100% conv. to gas system. The Projected rent rolls do not include the basement and are based in the standard 4% increase for rentals set by the Rental Guidelines Board of NY. Please refer to full listing sheet for more details on this incredible investment opportunity or Call 888-463-3830 x 1007 for 24 hour listing hotline and request a fax of the full listing sheet.

Building Summary
    Block:626
    Lot: 13
    Lot size:85 'x 100 '
    Building Size: 85' x 90
    Stories: 4
    Gross Square Footage: 24,000
    Tax Class: 2
    Building Class: C1
    Zoning: R6
    FAR: 2.82
    Residential Units:33
Expenses
    RE Tax: $54,381
    Insurance: $11,443
    Water/sewer: $16,356
    Electricity: $3595
    Heat/Oil: $16,374

TOTAL ANNUAL: $102,149

Map

All information regarding a property for sale, rental or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.

  City Connections Realty, Inc. supports Equal Housing Opportunity. The federal Fair Housing Act makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make such preference, limitation or discrimination." We will not knowingly accept or permit any advertisement for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.