Marcus & Millichap - Tri Borough Multi-Family

43-18 25th Avenue

43-18 25th Avenue
, Queens

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Price: $4,300,000
Building Size: 12,600 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

25-04 44th Street, located on the South West corner of 25th Avenue & 44th Street in the Astoria section of Queens, New York is a four-story mixed-use building with 14 apartments and two retail spaces. The property is built 40 ft x 90 ft and sits on a 40 ft x 100 ft lot with 14,400 rentable square feet. The property is zoned R5. (Block:702 Lot:47)

Two of the apartments have been completely renovated this year.  This property offers investors the opportunity to capitalize on the strong residential and commercial markets occurring in the Astoria section of Queens, New York.