Incredible Opportunity to own this VALUE-ADD INCOME Producing Mixed-Use Corner Property. Located in the Heart of Astoria - Major Intersection 30th Ave & 21st St. Semi-Detached 4-Unit Corner Property, plus Basement, Two Outdoor Spaces & 100 feet Exposure on 21st Street. All 4-Units are FREE MARKET! The Seller is willing to carry part of the mortgage. The 3-Residential Units can be delivered Vacant. The Store has 3 more years left on the lease. Apartments Layout: 1st Floor features Two x 1BR Apartments with Separate Entrances & Backyard. 2nd Floor features a Large 3BR Apartment with Backyard access. Commercial Space: Retail Auto Sound Store Pro Forma Rents after Renovation: Apt# 1F - 1BR Duplex with Backyard: $3,500. Apt# 1R - 2BR Duplex with Backyard: $3,800. Apt# 2 - 3BR with Backyard: $4,000. Commercial Store: $2,750. ( Three years left on the lease. Market rate $4,000) Pro Forma Cap Rate: 7.1% Lot size: 27.42ft × 100ft. Zoning: R5B. Block & Lot: 547-1. Floors: 2. Total Units: 4. Residential Units: 3. Commercial Unit: 1. Construction: Brick. Year Built: 1923. Showings with 24-Hour Notice. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer/Buyer's Agent must verify the information and bears all risk for any inaccuracies.
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