Featured Property

Astoria • $2,400,000
Rare 5 Family
25-22 38th Street

*Stunning Astoria Architecture* * Rare 5-Family in Excellent Condition* *OWNER FINANCING AVAILABLE* One of the few truly beautiful examples of refined pre-war architecture in Astoria. While many of the original details, both interior and exterior, have been wonderfully preserved, all of the units have been renovated and are free market. This detached building boasts over 3,500 square feet of living space PLUS a full, finished basement. The first floor has a 2-bedroom apartment that includes a large kitchen with granite counters and floors, a prep/dining island, lots of windows/natural light and sliding glass doors to access the back yard. The second and third floors each have two 1-bedroom apartments. The finished basement can be accessed from both the 1st floor hallway and the backyard; potential to be duplexed with first floor unit for added income. The large backyard can be accessed from the side of the house and from the 1st floor apartment. There is a finished rooftop for tenants' recreational use. All building mechanicals approximately 5 years old. *All Units Free-Market* Annual Rental Income: $148,200.00 Approximate Annual Expenses $23,475.23.