Five-story residential luxury condo building. The luxury property includes studios and one- and two-bedroom apartments. 22 apartments, all rented. 11 Studios, 10 one bedrooms, 1 two bedroom with 500SF patio. The building comes with the 421a tax break till 2027. The property is located in one of the 421a program' s exclusion zones meaning no affordable housing component has been included and the new owner would not have to charge below-market rents. Room Amenities : Dark oak flooring throughout, Oversized windows and integrated shades, Kitchens featuring Frigidaire Professional Series stainless steel appliances, Grohe and Kohler faucets and fixtures, white quartz countertops, full-height backsplashes, and custom modern cabinetry. 100% occupied. Sponsor arrange all maintains as well as rent collection from existing tenants. Sponsor guarantees the rent for existing tenants Vacant units can be rented up to legal rent or can be sold. Full amenities: gym, lounge room, roof garden.
- Price:
- $11,612,000
- Listing ID #:
- 3425672
- Street Address:
- 31-50 14th St
- City:
- Astoria
- State:
- New York
- Postal Code:
- 11106
- County:
- Queens
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Number Of Units:
- 22
- Stories:
- 5
- Total # Of Buildings:
- 1
- Zoning Description:
- Condo
- On Market Date:
- 2022-08-24
- Originating Mls:
- One Key Mls - Libor
- Previous Listing Price:
- 11612.00
- Cross Street:
- Broadway
- Township:
- Queens
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Qizhan Jack Yao 888-362-6543 with RealMart Realty LLC