Marcus & Millichap - Tri Borough Multi-Family

1962 77th Street

NY

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Price: $5,750,000
Building Size: 12,896 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew.Fotis@marcusmillichap.com
Property Status: Active
Description:

Marcus & Millichap is pleased to offer 1962 77th Street, located between 21st Avenue and Hazen Street in the Astoria Heights section of Queens, New York.

The subject property, 1962 77th Street, is a three story multi-family building that consists of 12 one-bedroom and 5 two-bedroom apartments. The property is built 60 feet by 50 feet on the first through third floors and sits on an 80 foot by 100 foot lot with approximately 12,896 gross square feet. The property is zoned R4 (Block: 945, Lot: 30)

This property offers investors the rare opportunity to purchase a multi-family building constructed in 1988 with seventeen free market apartments, on-site parking and additional income from two cellular towers in the Astoria Heights section of Queens, New York.