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Property profile & analytics

23-13 28Th Ave Astoria, NY 11102

  • Apartment buildings
  • 3,960 SF
  • 0.06 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-3648473
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Apartment buildings

Property Details for 23-13 28Th Ave

Year built
1923
Lot size
0.06 lot acres
Property size
3,960 SF
Zone code
R6A
Property type
Apartment buildings
APN
00544-0041
APU
5440041

Description

This exceptional investment property, located at 2313 28th Ave in Astoria, NY, presents a compelling opportunity for discerning investors. The building boasts six residential units, comprised of two one-bedroom apartments and four two-bedroom apartments, ensuring a diverse and potentially lucrative rental stream. A valuable on-site garage further enhances the income potential. The property sits on a 0.06-acre lot in a highly desirable Astoria neighborhood. Its prime location offers unparalleled convenience, with easy access to public transportation. Residents are just seven minutes away from the 30th Avenue N and W subway station and two minutes from the Q69 bus line, providing seamless connectivity throughout the city. The vibrant heart of 30th Avenue, with its diverse array of restaurants, shops, and entertainment options, is also within easy reach. Furthermore, the Astoria Ferry is a short distance away, offering another convenient transportation alternative. Major highways and parkways are easily accessible, providing effortless travel throughout the region. Each unit benefits from a separate hot water heater. This multi-family building represents a rare opportunity to acquire a well-situated, income-generating asset in a thriving New York City neighborhood. The combination of strong rental demand, convenient location, and additional income-producing features makes this property an attractive investment prospect.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    APARTMENT HOUSE (5+ UNITS)
    $1,055,000
    Current use
    WAREHOUSE, STORAGE
    $1,220,000
    Change: +16% Conversion: Difficult

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Location Insight

  • Map
  • Local Demand
City
Long Island City
County
Queens
State
New York
Longitude
-73.9248
Latitude
40.7705
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,376
$6,300
$425,160
$431,460
-
$14,000
$944,800
$958,800
More about this property
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