3122 42nd Street

06-22-2021
12-13-2021

3122 42nd Street, ASTORIA, NY 11106

Property Description

Marcus & Millichap is pleased to offer 31-22 42nd Street, located between 31st Avenue and Broadway in the Astoria section of Queens, New York.The subject property, 31-22 42nd Street, is a four-story apartment building that consists of one studio, 22 one-bedroom and 2 two-bedroom apartments. The property is built 37.42 feet by 88 feet on the first floor through fourth floors and sits on a 37.42 foot by 100-foot lot with approximately 13,775 gross square feet. The property is zoned R5 (Block: 679, Lot: 50).This property offers investors the rare opportunity to purchase a fully rent stabilized apartment building, in an excellent location, with close proximity to Steinway Street and Broadway retail corridors, in the Astoria section of Queens, New York.

Key Property Information

Listing Status
Available
Price
$ 4,500,000
No. of Units
25
Cap Rate
0%
Average Occupancy
0%
Year Built
1915
Building Size
13,775 Sq ft
Lot Size
3,742 Sq ft
No. of Stories
4
Opportunity Zone
Off
Price per unit
$ 180,000
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40.760056, -73.916206

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