21-10 31st Avenue
- 421-a tax abatement in place
- 13,697 SF building, 8 stories
- 15 units (10 balconies, 1 terrace, 1 large patio)
- Built in 2025
- Zoned R7A/C2-3
- Prime Rental Units or Condo Sales potential
- $632,364 pro-forma rental income
- 13 1-bedroom units + one 2-bedroom PH unit
- One commercial space on ground floor
Property Description
Introducing a prime investment opportunity in Astoria, NY. This brand new 13,697 SF building boasts 15 units, offering a lucrative investment potential for the discerning Multifamily / Mid-Rise investor AND a tax abatement. Built in 2025, this property is designed for contemporary living, promising both comfort and style. Building is 100% vacant and can be utilized for rental income or condo sales. Don't miss out on the chance to acquire this impressive property in a sought-after location.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $10,307,280 |
| No. of Units: | 15 |
| Average Occupancy: | 5 |
| Year Built: | 2025 |
| Lot Size: | 0.06 Acres |
| Opportunity Zone: | No |
| Price per unit: | $687,152 |
| Property Website | Click Here |
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