12-18 27th Avenue

$1,600,000
Last Sold Price
6
Beds
3
Baths
2,605 Sq. Ft.
$614 / Sq. Ft.
2,605
Sq. Ft.
$614
per Sq. Ft.

Description

GREAT INVESTMENT OPPORTUNITY IN ASTORIA!!!

CURRENT CAP RATE of 3.4% AT BELOW MARKET RENTS. 4.5% CAP WITH CURRENT MARKET RENTS.

12-18 27th Avenue sits on the South West corner of 27th Avenue and 14th Street in a quiet and beautifully maintained residential area of Astoria. The lot measures 25’ x 98’ with a lot size of 1,861 sq.ft. The building’s dimensions measure 23’ x 37’. This 3-story multi-family building is comprised of 3 individual units with 2 bed/1 bath layouts totaling 2,607 sq.ft and a very
...GREAT INVESTMENT OPPORTUNITY IN ASTORIA!!!


CURRENT CAP RATE of 3.4% AT BELOW MARKET RENTS. 4.5% CAP WITH CURRENT MARKET RENTS.


12-18 27th Avenue sits on the South West corner of 27th Avenue and 14th Street in a quiet and beautifully maintained residential area of Astoria. The lot measures 25’ x 98’ with a lot size of 1,861 sq.ft. The building’s dimensions measure 23’ x 37’. This 3-story multi-family building is comprised of 3 individual units with 2 bed/1 bath layouts totaling 2,607 sq.ft and a very large 869 sq.ft basement with 12’ high ceilings. The second and third floor units have a balcony and additionally there are also 2 parking spaces on the property which are currently being rented out. The building has a resident manager and tenants in place with their leases ending in December 2019.


The building is conveniently located close to many public transportation options including the Astoria Boulevard and 30 Avenue N/W subway stations and several major bus lines along Astoria Boulevard, 21st Street, 30th Avenue, Vernon Boulevard and Hoyt Avenue. The building also affords easy access to the Grand Central Parkway, Brooklyn Queens Expressway, Long Island Expressway, Ed Koch Queensboro Bridge and the Robert F. Kennedy Bridge.


The building is within immediate access to the bustling neighborhood and its many shops and restaurants as well as beautiful Astoria Park with its wonderful facilities which include a popular public pool, tennis courts, basketball courts, skate park and children’s playgrounds. Randalls Island and its many facilities are a short 15-mintues drive as well as Costco in Long Island City, a short 10-minute drive.


**Compass Coming Soons are simultaneously syndicated to the RLS

Listing Agents

  1. Yoon Hoshue

    Yoon Hoshue

    Listing Agent

    Compass

    yoonhoshue@compass.com

    P: 646.321.1904

  2. Jill Camac

    Jill Camac

    Listing Agent

    Compass

    jill.camac@compass.com

    P: 917.816.3903

  3. Lauren Pepin

    Lauren Pepin

    Listing Agent

    Compass

Amenities

  • Triplex
  • Street Scape
  • Balcony
  • Private Terrace
  • Walk Up
  • Laundry in Building
  • Window AC Installed
  • Wall Unit

Location

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LISTING UPDATED: 08/27/2019 09:36 AM

Property Details for 12-18 27th Avenue

StatusSold
MLS IDH4954869
Days on Market23
Taxes$919 / month
Maintenance$955 / month
Min. Down Pymt-
Total Rooms12.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1991
Lot Size2,450 SF / 25' x 98'
CountyQueens County

Building

12-18 27th Ave

3 Units3 StoriesBuilt in 1991

Location

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Building Information for 12-18 27th Avenue

Stories3Year Built1991Building Size23' x 37'Building Sq. Ft2,553 SFLot Size2,450 SF / 25' x 98'Building AgePost-warBuilding TypeHouseSenior Community-

Payment Calculator

$10,606 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$919

Maintenance/Common Charges

$955

The Payment Calculator is for illustrative purposes only.

Property History for 12-18 27th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12-18 27th Avenue

Taxable ValueLand-Additions-Total-
Home Facts
APN4005110029

Schools near 12-18 27th Avenue

This home is within New York City Geographic District #30.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
P.S. 17 Henry David Thoreau
PublicPK to 5

William Cullen Bryant High School
Public9 to 12

Young Womens Leadership School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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