2139 27Th St Astoria, NY 11105
- Apartment buildings
- 11,000 SF
- 0.09 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 2139 27Th St
- Year built
- 1927
- Lot size
- 0.09 lot acres
- Property size
- 11,000 SF
- Zone code
- R5D
- Property type
- Apartment buildings
- APN
- 00857-0018
- APU
- 8570018
Description
This exceptional 11,000 square foot multi-family building presents a compelling investment opportunity in the heart of Astoria, New York. Situated on a 0.09-acre lot at 2139 27th Street, this semi-detached, all-brick structure boasts sixteen one-bedroom units, all in excellent condition. The property is meticulously maintained and clean, offering immediate income potential. Its prime location offers unparalleled convenience, being steps away from the Ditmars Boulevard subway station and a variety of shops and amenities. Panoramic views add to the desirability of this property. A full-time superintendent resides on the premises, ensuring efficient management and tenant satisfaction. The seller is offering attractive financing terms, including the possibility of holding a note for five years with a 50% down payment. This presents a rare chance to acquire a well-maintained, high-performing multi-family asset in a thriving neighborhood with strong rental demand. The building's solid construction, desirable unit configuration, and prime location combine to create a truly exceptional investment opportunity. Don't miss this chance to secure a profitable addition to your portfolio.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $480,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $555,000
- 6.5%
- $575,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $595,000
- Geo Method
- $495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $510,000
- Mixed-Use
- $560,000
- Hospitality
- $600,000
- Educational
- $455,000
- Residential Income
- $470,000
- Energy
- $510,000
- Income-Based Land
- $560,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Long Island City
- County
- Queens
- State
- New York
- Longitude
- -73.9117
- Latitude
- 40.7786
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA