3434 32nd St, Long Island City, NY 11106

This property consists of a four unit multifamily building with a garage constructed in 2002. Fully rented out, this property has leases extending though late 2014 to early 2015 and enjoys a 421a tax abatement through 2020. Located in Astoria, the property has access to the N and Q subway lines via an elevated station located one block away. The thriving area is undergoing significant change, with a growing assortment of new food and entertainment options within walking distance. This property poses an excellent opportunity for an investor looking to capture the upside of rent growth within Astoria.