Marcus & Millichap - Tri Borough Multi-Family

3122 42nd Street

NY

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Price: $4,500,000
Building Size: 13,775 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5234
Matthew.Fotis@marcusmillichap.com
Lazarus Apostolidis
Tel: 212-430-5233
Lazarus.Apostolidis@marcusmillichap.com
Property Status: Active
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.