Property
| Ownership: | Multi-Family |
|---|---|
| Type: | Multi-Family |
| Rooms: | 20 |
| Bedrooms: | 10 BR |
| Bathrooms: | 6 |
| Pets: | Pets Unknown |
FinancialsPrice: $2,430,000
| Price: | $2,430,000 |
|---|
 | Licensed Real Estate Salesperson Mobile: +1917-426-3797 Phone: +1803-603-2593 |
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1718-302-0900 Fax: +1718-228-3917 |
DescriptionA fantastic 3 family building in the heart of the legendary Astoria! This Renovated 3/2 3/2 over 4/2 boasts a truly spacious footprint of 25 × 52 giving a 2600 square foot 1st floor duplex supported by two 3 bedroom 2 bathroom 1300 square foot apartments on the second and third floors. The 1st floor duplex has a private rear Yard with a custom built BBQ as well as a 320 Square foot balcony looking down on the yard!. The Spacious entertaining area is currently rented out as well as the two 3 Bedroom units allowing for a generous income of $130,800 for this year alone. With all leases at 1 year term and a Yearly increase of 6 % annual The new owner will prosper from the prior Building manager's efforts greatly allowing for a ROI of approx 5.5 percent this year and 6.2 percent the following.
Neighborhood
A fantastic 3 family building in the heart of the legendary Astoria! This Renovated 3/2 3/2 over 4/2 boasts a truly spacious footprint of 25 × 52 giving a 2600 square foot 1st floor duplex supported by two 3 bedroom 2 bathroom 1300 square foot apartments on the second and third floors. The 1st floor duplex has a private rear Yard with a custom built BBQ as well as a 320 Square foot balcony looking down on the yard!. The Spacious entertaining area is currently rented out as well as the two 3 Bedroom units allowing for a generous income of $130,800 for this year alone. With all leases at 1 year term and a Yearly increase of 6 % annual The new owner will prosper from the prior Building manager's efforts greatly allowing for a ROI of approx 5.5 percent this year and 6.2 percent the following.
Multi Family** Balcony**Garage**Backyard**Parking Spaces
DescriptionA fantastic 3 family building in the heart of the legendary Astoria! This Renovated 3/2 3/2 over 4/2 boasts a truly spacious footprint of 25 × 52 giving a 2600 square foot 1st floor duplex supported by two 3 bedroom 2 bathroom 1300 square foot apartments on the second and third floors. The 1st floor duplex has a private rear Yard with a custom built BBQ as well as a 320 Square foot balcony looking down on the yard!. The Spacious entertaining area is currently rented out as well as the two 3 Bedroom units allowing for a generous income of $130,800 for this year alone. With all leases at 1 year term and a Yearly increase of 6 % annual The new owner will prosper from the prior Building manager's efforts greatly allowing for a ROI of approx 5.5 percent this year and 6.2 percent the following.
Neighborhood
A fantastic 3 family building in the heart of the legendary Astoria! This Renovated 3/2 3/2 over 4/2 boasts a truly spacious footprint of 25 × 52 giving a 2600 square foot 1st floor duplex supported by two 3 bedroom 2 bathroom 1300 square foot apartments on the second and third floors. The 1st floor duplex has a private rear Yard with a custom built BBQ as well as a 320 Square foot balcony looking down on the yard!. The Spacious entertaining area is currently rented out as well as the two 3 Bedroom units allowing for a generous income of $130,800 for this year alone. With all leases at 1 year term and a Yearly increase of 6 % annual The new owner will prosper from the prior Building manager's efforts greatly allowing for a ROI of approx 5.5 percent this year and 6.2 percent the following.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable,
but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors,
omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without
notice. International currency conversions where shown are estimates based on recent exchange rates and are
not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.