APP Real Estate
For sale

📍 31-77 37th ST, Astoria, NY 11103, Astoria, NY, EUA

Residential Building for Sale in Astoria, New York, USA

$15,950,000

Overview
  • Bedrooms: 27
  • Price: $15,950,000
Description

Welcome to 37 Broadway, a 27-unit luxury rental building completed in 2017. This well-maintained brick building, perfectly situated right on Broadway, offers an ideal investment for those seeking a prime location and high rental potential. With its proximity to two subway lines (M/R and N/W), tenants will enjoy easy transportation access, making this property highly desirable. The building features an elevator for added convenience, along with garage parking, a rare find in the city. Additionally, a laundry room and storage units enhance the building's appeal and value. Outdoor amenities include a fenced-in backyard with landscaping and two BBQ grills, providing a private outdoor space for tenants to enjoy. The furnished rooftop deck offers panoramic views, further adding to the building's charm. Comprising one- to three-bedroom units, each designed with luxury finishes and modern amenities, this building presents a lucrative investment opportunity. Two penthouse units add prestige and premium rental income potential. There is a 15-year tax abatement in place. Building Size: 50x100

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