2 Family in Astoria

Welcome to this tree line beautiful brick 2-family home located in the center of Astoria, Ditmars-Steinway neighborhood.

The first floor consists of oversized 3 bedrooms and 1 full bathroom. Fully finished basement with washer and dryer and access to private backyard. Second floor consists of spacious 2 bedroom and 1 full bathroom. Full kitchens on both the 1st and 2nd floor. Great opportunity to own your first primary home or use it as a high-income investment property. The property has the potential to generate $5,500/mo. rent income. First floor plus basement can be rented for $3,000/mo. The second floor can be rented for $2,500/mo. Estimate ~5% Cap rate. The property will be delivered vacant.

There is much to enjoy in this culturally diverse neighborhood. Convenient to great restaurants, bars, shops and supermarkets. Close to the world-famous Greek restaurant Taverna Kyclades and Martha’s Country Bakery.

Walking distance to N/W train with 15 minutes commute to Manhattan midtown.
Roof, boiler and heater in good condition
Lot Size: 25' X 100'
Building Size: 25' X 35'
Current Annual Taxes: $5,915.00