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25 14th St, Queens, NY 11693

$1,888,000
Listing Details:
$1,598,000 Price
Townhouse Property Type
Astoria Neighborhood
5 Beds
5 Baths
-- Approx. Sq. Ft.
Key Features:
Unit Garden
Unit Terrace
Description:

Perfect investment property! Legal 3 Brick family with a finished basement and private driveway. This property is only a block from the amazing Astoria Park and the boardwalk along the river. One of the most desirable tree line streets in Astoria. Recently announced a $30 Million investment of the city in to Astoria Park. 1st floor - Huge 3 bedroom 1 bathroom 2F - 1 bedroom 1 bath with a private terrace. 2R 1 bedroom 1 bath with a EIK. Lot size: 25 x 100.Building size: 20 x 55.Zoning: R5.Annual rent: ~$84,000 with an upside of ~$102,000. Taxes: ~ $8000. Expenses $2500 This investment property has an amazing very high CAP rate of ~5% with an upside close to 6%. Savvy investors, this is the ONE!

Listing courtesy of Halstead Property, LLC

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