6,101 sqft

$1,589,000

20-14 29th Street, Astoria NY, 11105

Price per sqft$260.45

Built in1931

Property size6,101 sqft

Property typeCommercial

Courtesy of Weichert Realtors TMT Group, Joseph D. Ferone CBR Listing Contact: 917-270-8080

Overview

Active

Listed Nov 6, 2026

Updated 37h ago

6 family building with vacant 1200 sq ft store front on ground floor formerly a bar. No rent controlled apartments. Only rent stabilized. Roof is 6 years old. Gas fired steam heat. Gas furnace is 6 years old. There are (3) - 1 bedroom apartments and (3) - 2 bedroom apartments. Pro forma annual Income $187,000 Annual Expenses: Taxes $18,630 Gas and Electric $9,033 Insurance $11,531 Water $7,958 Misc Repairs $3,300=$50,542. NOI $136,458. Cap Rate 8.58% Rent Increases in Rent Stabilized Homes: 1-year lease. 2.75%. 2-year lease 5.25%

Additional information

MLS^® ID: 1071220

Interior Features

Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.06 Acres

Other Property Details

Taxes: $20,205
Tax Frequency: Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

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