Magnificent 6 Family MultiFamily at 30 60 44th Street

FOR SALE

$3,200,000

30 60 44th Street, Astoria, NY 11103

5,570 SF

Square Feet

$575

PPSF

6

Units

500.0K

PPU

8.38%

CAP

Property Description

Units

6 — PPU: 500.0K

NOI

$268,259

Cap Rate

8.38%

Magnificent 6 Family !!!!

95% fully renovated ..Cash Flowing!!!

Great opportunity to park your money...And still plenty of JUICE in it!!!

Property Details

Asset Type

MultiFamily

Year Built

1928

Zoning

R5

Lot Size

2,800 SF

Neighborhood

Astoria

Submarket

Astoria

ZIP

11103

Renovated

2019

Listing Type

sale

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

$425,593

Debt Service Coverage Ratio (DSCR)

2.34x

Cap Rate

13.30%

Cash Flow (Annual)

$243,558

Cash-on-Cash Return

30.44%

Monthly Debt Service

$15,170

Annual Debt Service

$182,036

View on Map

Address

30 60 44th Street

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Astoria MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

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Joe Brikman

Licensed Real Estate Salesperson

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Joe Brikman

Licensed Real Estate Salesperson

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