2312 Broadway, Astoria, NY 11106

The OWNER will FINANCE the MORTGAGE at fix rate with an $800,000 down payment and a fixed-rate mortgage payment. This premier multifamily investment opportunity of the SIX-unit apartment building at 2312 Broadway in Astoria, New York, is a solid BRICK building in a prime Astoria location within a seven-minute walk to N-W Broadway Train Stations and even closer to a laundromat, shops on Broadway, fresh produce, restaurants, trendy cafes, night-time entertainment venues, and so much more. The asset has lots of upside potential in rental income and houses Triple AAA tenants. Six spacious and recently renovated one-bedroom apartment units are within the well-maintained building. There is also a huge basement and a gas/ steam boiler. The 4,070-square-foot building spans three stories on 20 x 80 foot lot. C1-4 / R6A zoning . Building Construction :solid BRICK Building Size: 20 feet … X….68 feet Gross INCOME = Current $124, 894.44 --Total EXPENSES = $ 37, 565.52 aprx per Year --NET INCOME = $ 87, 328.92 per year Apt 1F: $ 1,932.00 … Legal rent … $1,932.00 Apt 1R : $ 1,700.00 … Legal rent … $2,507.40 Apt 2F : $ 1,772.34 … Legal rent … $2,614.38 Apt 2R : $ 1,549.53 … Legal rent … $1,893.23 Apt 3F : $ 1,727.00 … Legal rent …$2,064.98 Apt 3R : $1,727.00 … Legal rent .. $2,640.74 current Gross INCOME: $ 124,894.44 --For QUICK response please CALL Listing Broker ARTHUR T. TRIANTOS / HOMESEEKERS LLC. --PLEASE Include a TELEPHONE NUMBER To be CONTACTED with your E-Mail INQUIRY