43-16 25Th Ave Queens, NY 11103

This exceptional investment opportunity presents a well-maintained six-unit apartment building located at 43-16 25th Avenue in the vibrant Astoria neighborhood of Queens, New York. The property, built in 1929, boasts a total of 4,950 square feet spread across three stories in a single building. Currently generating a Net Operating Income (NOI) of $128,100, this property offers a compelling 6.10% capitalization rate, making it an attractive addition to any investor's portfolio. The asking price for this turnkey investment is $2,100,000. The property's prime location in Astoria provides easy access to public transportation, local amenities, and a thriving community. This is a rare chance to acquire a well-established multifamily property in a highly desirable area of Queens, New York. The solid financial performance and strong rental demand in the area make this a promising investment with significant potential for future growth and appreciation. The building's age presents an opportunity for value-add improvements, further enhancing its profitability. This is a must-see property for discerning investors seeking a stable and lucrative investment in the New York City real estate market. The zip code is 11103.