37-11 9th Street, New York, NY 11101

  • $2,250,000
  • $2,350,000
Active
37-11 9th Street, New York, NY 11101
  • $2,250,000
  • $2,350,000

Overview

Property ID: L3593358
  • Retail, Commercial Sale
  • Property Type
  • 7000
  • 1941
  • Year Built

Description

Calling All Investors, Developers, & End-Users!!! 8 Unit Apartment Building In Astoria For Sale!!! The Property Features Excellent Signage, Great Exposure, M3-1 Zoning, High 8′ Ceilings, (8) 2 Br. Apartments, Separate Meters, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Astoria Only A Few Blocks From The Ed Koch Queensboro Bridge Offering Direct Easy Access To Manhattan!!! Neighbors Include Hilton Hotels, Marriott Hotels, Wyndham Hotels, Dodge-Jeep-Ram, Honda. T-Mobile, The Home Depot, CubeSmart Self Storage, Best Buy, Dunkin’, Planet Fitness, Marshalls, Michaels, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site/The Next Home For Your Business!!! Income: Unit 1 (2 Br., 1 Bath): $24,030 Ann. Unit 2 (2 Br., 1 Bath): $23,620 Ann. Unit 3 (2 Br., 1 Bath): $23,400 Ann. Unit 4 (2 Br., 1 Bath): $17,383 Ann. Unit 5 (2 Br. 1 Bath): $26,680 Ann. Unit 6 (2 Br., 1 Bath): $26,823 Ann. Unit 7 (2 Br., 1 Bath): $24,800 Ann. Unit 8 (2 Br, 1 Bath): $26,861 Ann. Current Gross Income: $193,597 Ann. Expenses: OIl: $8,098.47 Ann. Electric: $720 Ann. (Common Area Only) Maintenance & Repairs: $250 Ann. Insurance: $4,044.41 Ann. Taxes: $19,750 Ann. Water: $5,322 Ann. Total Expenses: $38,184.88 Ann. Net Operating Income (NOI): $155,412.12 Ann.

Details

Updated on January 7, 2025 at 6:54 pm
  • Property ID: L3593358
  • Price: $2,250,000
  • Property Size: 7000
  • Garage Size: x x
  • Year Built: 1941
  • Property Type: Retail, Commercial Sale
  • Property Status: Active

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Jerry Wang
  • Jerry Wang