Individually Owned Property summary
This well-maintained six-family multifamily property in Astoria, NY, presents a compelling investment opportunity. Located at 2321 28th Ave, the building boasts a substantial 3,960 square feet on a 0.06-acre lot. Recent upgrades significantly enhance its value and appeal. The brick pointing and roof were replaced just two years ago, ensuring long-term structural integrity. Electrical systems have been updated to include circuit breakers, and security cameras provide enhanced safety and… security throughout the hallways and exterior. Modernizations extend to the hallways, featuring updated tile floors, new apartment doors, emergency and exit lighting, a new intercom system, and new mailboxes. Window replacements further contribute to energy efficiency. The property also benefits from a new stainless steel chimney liner and two new 275-gallon oil tanks, coupled with a high-efficiency oil boiler. Five of the six apartments have undergone renovations within the past decade. Recent successful inspections include a parapit inspection and a gas inspection, ensuring compliance with safety regulations. The property generates a substantial yearly income of $125,778, with a net operating income (NOI) of $93,605. While four apartments are currently on preferential rent, the legal income for the building is $133,687.68. The property is zoned R6A, offering significant potential for future development due to unused floor area ratio (FAR). Additional amenities include a two-car garage and outdoor parking. The building dimensions are 20 x 73 feet. All provided information is believed to be accurate, but verification with legal counsel is recommended.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,960 SF
- Lot area
- 0.06 ac
- Year built
- 1923
- Stories
- 3
- APN
- 00544-0037
- Zoning
- R6A
- Assessed value · 2024
- $431,460
- Annual tax · 2024
- $19,376
- Commercial (general)
- Office Building
- Warehouse, Storage
- Apartment House (5+ Units) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for a variety of residential building types with appropriate spacing and open space
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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