31-13 23rd St, Astoria, NY 11106

This eight-family building is five years old, and features excellent finishes with top-of-the-line appliances, laundry in the basement, and a huge backyard. The building also includes two huge terraces on the top floor apartments, a surveillance system, and storage spaces allocated for each apartment. The building consists of the following: Apt 1F - One-bedroom duplex and 1.5 Baths Apt 1R - Two-bedroom duplex with 1.5 baths and a huge backyard Apt 2F - Two-bedroom apartment Apt 2R - Two-bedroom apartment Apt 3F - Two-bedroom apartment with a Juliette-style balcony Apt 3R - Two-bedroom apartment Apt 4F - One-bedroom apartment with a huge terrace (31 x 10) Apt 4R - One bedroom apartment with a huge terrace (31 x 10) All the utilities are separate and paid by the tenants. Gross Annual Income = $241,800 Total Yearly Expenses = $12,594 Net Yearly Operating Income = $229,206 Cap rate = 4.33%