12-Unit Multifamily
For Sale
$3,595,000
30-74-76 30th Street Astoria, Ny, NY 11102
Built in 2004, the property offers separate utilities for every apartment and a balanced one- and two-bedroom unit mix.
Property Size6,637 SF
Price / SF$541.66
Days on Market100
Property Features for 30-74-76 30th Street Astoria
General Information
Standard status
Active
Size
6,637 SF
Zoning
R6B
Units
Unit Mix
8 x 1BR, 4 x 2BR
Multifamily Units
12
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$39,894
Amenities
Finished
3
Yes
Public
No
6637
Building Details
Building Size
6,637 SF
Year Built
2004
Buildings
1
Stories
3
Listed By:
Andrew Boodhoo
(718) 684-8000
Source:
Parkassets
Added: Jul 8
Changed: Oct 13
Last Checked: Oct 7 at 9:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Andrew Boodhoo
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Investment Insights
Based on property information with market context.
This 12-unit multifamily property was constructed in 2004 and contains 6,637 square feet. The unit mix includes eight one-bedroom apartments and four two-bedroom apartments, providing a range of residential configurations within the building. Each apartment has separate utilities, supporting individualized utility management.
The property is located in Astoria, Queens, an area described as having a diverse culture, an active dining scene, public transportation access, and connectivity to Manhattan. The building is zoned R6B. The source information also identifies the potential for free-market lease conversion upon renewal, subject to applicable requirements.
The property is located in Astoria, Queens, an area described as having a diverse culture, an active dining scene, public transportation access, and connectivity to Manhattan. The building is zoned R6B. The source information also identifies the potential for free-market lease conversion upon renewal, subject to applicable requirements.
Key Highlights
- 12‑unit multifamily building constructed in 2004
- 6,637 square feet of building area
- Unit mix includes 8 one‑bedroom and 4 two‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$207,654
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,153,080
$4.2M
Cap Rate 7%
$2,966,486
$3.0M
Cap Rate 9%
$2,307,267
$2.3M
Market Conditions
NOI Build-Up for 6,637 SF
Gross rent
$397.4K $59.88/SF
− Vacancy
−$19.9K −$2.99/SF
EGI
$377.6K $56.89/SF
− OpEx
−$169.9K −$25.60/SF
NOI
$207.7K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,153,080
Cap Rate 7%
$2,966,486
Cap Rate 9%
$2,307,267
Alternative Uses
Best Use
Apartment 5plus
$2.97M
$2.60M – $3.46M
NOI $207,654 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$16.52M
$14.46M – $19.27M
NOI $1,156,431 @ 7.0% cap · market cap 32.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
7,226
Businesses Nearby
Explore this area
Business Placement
Demographics for 11102, NY
37,468
Population
19,431
Households
1.9
Avg Household Size
36
Median Age
58%
College-Educated
90%
High-School Grad
0.7 sq mi
ZIP Area
53,526
Density / Sq Mi
$102,996
Median Household Income
$70,557
Median Earnings
$2,248
Median Rent
$779,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Built in 2004, the property offers separate utilities for every apartment and a balanced one- and two-bedroom unit mix.
Where is this apartment building located?
The property is located at 30-74-76 30th Street Astoria Ny, NY.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: 12‑unit multifamily building constructed in 2004; 6,637 square feet of building area; Unit mix includes 8 one‑bedroom and 4 two‑bedroom apartments
