- For Sale 5,200,000
- Property Type Multi-Family
- Property Size 18,883 SF
- Units 17
- Lot Size 0.09 Acre
- Cap Rate % 7.5
- Rental Income / YR $539,632.00
- NOI / YR $391,241.00
- Taxes / YR $9,271.00
- # of Floors 4
- Property Tenancy Multi-Tenant
- Year Built 2008
- Date Updated Sep 30, 2025
Description
18-10 27th Ave, block 541 Lot 1002 is a 17 residential unit building for sale. The property was built in 2008 and benefits from a 25 year no cap 421a tax abatement that expires in 2033. The asset is priced at a 7.5% cap rate with future grown potential as the abatement expires and FM status may be achieved. All units have balconies and amenities such as terrace space, laundry, and gym space is available. There are 7 parking spaces and rented to tenants as well.
Contant Rodney Nassimian for more information at or on his cell at (516) 424-7455.
False
Contacts
Rodney Nassimian
Highcap Group
Location
Located at 1810 Astoria Blvd, Astoria, NY 11102, this property is part of the Old Astoria neighborhood and Queens market.
Contact Listing Broker
Rodney Nassimian
Highcap Group
.jpg?width=288 "Astoria — 29 Units + 1 Commercial | 100% Free-Market")
