31-73 41st Street

*A MUST SEE FOR THE DISCERNING INVESTOR!**COMMERCIAL GRADE 625 sq ft 3-CAR GARAGE and 2 Impeccably Designed Duplexes**A Unique Investment Opportunity in the Heart of Astoria.*Skillfully renovated with the highest quality materials and superior workmanship, the entire redesign and renovation - from top to bottom - was completed in 2012. The renovation includes an extension, new roof, electric, plumbing, structural support, split heat/ac units, Anderson windows...THE WORKS! All fully photo documented.***PLUS*** a newly built, 625 sq ft, 3-car garage with 14ft ceiling.FIRST FLOOR DUPLEX (1394 sq ft)This open floorplan kitchen/living room with 9 ft ceilings and real hardwood floors is as beautifully designed as it is expertly executed. Three bedrooms (with built in closets and additional storage space) and two bathrooms provide for abundant living space. Private patio, accessible from the back and side of the property provides enviable outdoor space. Dedicated hot water heater/meter.SECOND FLOOR DUPLEX (1210 sq ft)Drenched with natural light from wall-to-wall windows, this airy, open floorplan kitchen/living room also boasts 9 ft ceilings and real hardwood floors, three bedrooms and two bathrooms round out this beautiful living space. Private patio, accessible from the kitchen, lends itself to perfect outdoor dining and entertaining opportunities. Dedicated hot water heater/meter.BASEMENTFull, finished. There is a dedicated 104 sq ft laundry area in the basement as well as a new central heating boiler housed in a 77sq ft boiler room.ADDITIONALFront and rear 24/7 security camera systemPARKINGThere are a total of 5 parking spaces. A newly built, 625 sq ft, 3 car garage constructed of brick, commercial grade concrete and cinderblock boasts a 14 ft high ceiling and includes a second-tier overhang providing an additional 620 sq. ft. of storage space. There are 2 additional parking spaces as well. Garage rental income potential is $1,600 per month and will be delivered vacant.LOCATIONA true commuter’s dream nestled on a tree-lined residential street and just steps away from every necessity on bustling Broadway. Vibrant cafes, restaurants, gastro-pubs, entertainment and shopping are all just a short walk away.TRANSPORTATIONA quick, 20-minute subway ride to Manhattan, Super short walk to R/M trains. By car, easy access to all major highways, thoroughfares and bridges.INCOME1st Floor DuplexCurrently rented for $4300 per month with a 1 year lease (includes an outdoor parking space)2nd Floor DuplexCurrently rented for $4300 per month with lease expiring 12/31/2025 (includes an outdoor parking space)Garage$1,600 per month (delivered vacant)Total Income - $103,200Total Expenses - $13,266Total Net Income - $89,934