FOR SALE Under FAR 2 Family Home in Prime Astoria Address: 21-35 29th Street, Astoria New York 11105 Property Description: The subject property is a 3-bedroom plus balcony over 3-bedroom two family house located two blocks from Ditmars Boulevard Train Station. The basement is fully finished with a separate entrance. There are three garage spaces to the rear of the house which are in high rental demand. Moreover, the home can be converted to a three-family house, adding an additional 3rd floor at 20' x 55' (1100 sq. feet.) Current Building square footage is 2,832. Max floor area permitted is 4,050 sq. feet. Subways N and Q are all within a 5-minute walk. Ideal location 50 feet from Ditmars Boulevard and 29th Street. Layout: Three Bedrooms (balcony) over three bedrooms, finished basement (separate entrance) Block/Lot: 0846/21 Lot Size: 25x120 FT Built: 1930 (estimated) Heat: Steam Income: Home is estimated to generate $93,000 a year not including changeover to 3 family. Estimated Expenses: Real Estate Taxes $ 7,000.00 Water/Sewer: $ 640.00 Electric: $ 3,600.00 Insurance: $ 1,700.00 Gas: $ 2,400.00
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