Legal quadruplex semi-detached building on a quiet residential block in Astoria, near transportation and just 15 minutes to Midtown Manhattan. Close to the waterfront and Astoria Cove.

Layout:
1st Floor: Studio + utilities room
2nd Floor: 3 bedrooms, 2 full baths, LR, kitchen
3rd Floor: Two 1-bedroom units, each with kitchen, LR/DR & balcony

Features multiple balconies, 1 indoor garage, and 3 outdoor parking spaces.
All units rented with excellent tenants.

Gross Income: $120,600/year

Annual expenses (paid by landlord):

Taxes: $10,000

Heat & cooking gas: approx. $11,000

Water: approx. $6,000

Insurance: approx. $4,500

Actual CAP Rate: 5.2% © 2025 OneKey™ MLS, LLC