Updated 3 years ago
Sold
23-11 28th Ave
Astoria, Queens | 23rd Street & Crescent Street
21 Rooms8 Beds6 Baths3,960 Square FeetIncome Property
$1,900,000
floors / apts3 / 6
Lot Size20'x127'
Built Size20'x73'
ZoneR6A
Building TypeTownhouse
RE Taxes$18,419
Price Per SF
$480
This property was sold for $1,800,000 on 10/13/23.
Building Amenities
- Voice Intercom
Property Description for 23-11 28th Ave
Welcome to 23-11 28th ave, a well maintained six-family property offering an excellent investment opportunity with its mix of two free market and 4 rent-stabilized apartments, along with the added convenience of a two-car garage.
Net income is $104,768. Cap Rate is 5.5%.
Whether you are an experienced investor or entering the real estate market for the first time, this building with four one-bedroom apartments and two two-bedroom apartments presents a compelling investment opportunity. Well-designed, newly renovated units and a prime location in Astoria make it an attractive option for investors seeking a property with income potential and long-term value appreciation.
Listing History for 23-11 28th Ave
Now
10/13/2023
$1,800,000
Sold and Closed by Oksana Kononenko
Compass
09/29/2023
Contract Signed by Oksana Kononenko
Compass
Building Details for 23-11 28th Ave
OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1923
Floors/Apts3/6
Transit and Citi Bike
Subway
30 Av
0.31 miles
Astoria Blvd
0.37 miles
Citi Bike
Newtown Ave & 23 St
0.06 miles
Crescent St & 30 Ave
0.13 miles
Astoria | Queens
Quick Profile
Although Astoria is largely a residential neighborhood, it is filled with unique mom-and-pop shops, trendy boutiques, a plethora of dining options representing cuisines from around the world, and lush green spaces where you can relax, walk along the East River, or just enjoy the Manhattan skyline.
The atmosphere is laid back and almost small-town. In addition to luxury condos, pre-war buildings, single-family and semi-detached brick buildings, you will find low-rise buildings with apartments available at lower rents than are available in nearby Manhattan. If you enjoy shopping, you will find everything from locally handcrafted apparel and decor items to vintage treasures just waiting to be repurposed.
Astoria has long been known as a hub of Greek culture, with a burgeoning Greek community. You can barely walk a block without an opportunity to eat Greek food or experience some aspect of Greek culture. The Italian community is also quite large and well-represented in Astoria. Lately, there has been an influx of immigrants from all corners of the globe, making Astoria truly multicultural, and giving rise to eateries that offer unique gastronomic treats.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 91855TH
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