32-71 41St St, Unit Community Portfolio Astoria, NY 11103

This portfolio for sale includes two community facility buildings and a two-family house. The main building, located at 32-71 41st Street, is a well-maintained concrete block and brick structure with an elevator. Renovated in 1980 and 1998, it features a full finished cellar with a fellowship area for 260 people, a smaller chapel for 90 people, a kitchen, classrooms for 71 people, a mother's nursery, storage, and a boiler room. The ground floor, which is wheelchair accessible, includes a main chapel with wooden beam high ceilings for 408 people, a basketball gymnasium for 78 people, and classrooms for 72 people. An elevated chapel balcony can accommodate 73 people. An attached three-story vacant community building is also included. The combined square footage of both commercial buildings is approximately 21,000 sq ft on a combined lot size of around 11,000 sq ft, with 110 feet of street frontage. The zoning is R5, and the building class is M1 Church, Synagogue or Chapel, with a religious property tax exemption. Sprinkler systems are in place. Potential uses include a house of worship, seminary, school, day or adult care, non-profit organization, or medical offices. The second floor contains office rooms, while the third floor has classrooms for 135 people, an office, and a super's apartment. The portfolio also includes an adjacent residential lot of around 4,000 square feet and a three-story, two-family house at 32-63 41st Street, approximately 2,400 square feet, with a 7-car private driveway and parking lot. Built in 1945 and renovated in 1997, the house has a building class of B1 Two family. The ground floor features an 800 sq ft one-bedroom, one-bathroom apartment, including a garage used for storage and a boiler room. The second and third floors each offer approximately 800 sq ft with two bedrooms and one bathroom. The third floor is owner-occupied. The current yearly rental income is $48,000. Located off Northern Boulevard & Broadway in the Long Island City & South Astoria neighborhood, the property is near the Steinway Street & 34th Avenue subway station and bus stops, with high foot and car traffic.