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23-12 30th Road, Astoria, NY 11102
$2,025,000
23-12 30th Road, Astoria, NY 11102View this property at 23-12 30th Road, Astoria, NY 11102
23-12 30th RoadAstoriaNY11102
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Property Description
Vacant Legal 4 family detached brick home in Astoria featuring four 1 Bedroom apartments that could EASILY be converted to JR4s 2 Bedrooms, a full finished basement and an oversized 25 x142 feet lot with R6B zoning providing over 5,000 sq ft of additional air rights (7,100 as of right total buildable PLUS bonus for Community facility). Centrally located within 3 blocks to the N and W subway stations at 30th Ave., and close to multiple cafes, restaurants, and entertainment venues. Mount Sinai is in close proximity and it is a great source of tenants. You could Live in one unit and rent the rest while you enjoy one of the best neighborhoods in New York City, or invest in an area with strong appreciation and a very healthy rental market. All the utilities are paid for by the tenants as the building has 4 separate boilers and 4 separate hot water heaters. This amazing property offers multiple user and investor options. As it is, it represents a ready to rent, turn key investment legal 4 family with extra parking and excellent income. You could also combine 2 units to create a larger home while still preserving good rental income. It also offers an opportunity to the savvy developer as the current structure could be left in place while enlarging it into a 10 unit building or a large community or medical facility (you would save construction costs, time and taxes by filing for an Alteration 1 instead of a New Building). The survey and an architectural opinion are available upon request but we encourage you to verify with your own architect. The oversized lot provides additional parking or outdoor space for entertaining. Perfect 1031 exchange candidate. Sites like this, delivered entirely vacant are a rare find in Astoria. Professional actual photos are next to the staged photos for visualization purposes. Projected income and expenses for the current building is available upon request (cap rate above 7%). All vacant, no rent stabilization, or free market rents. If you decide to develop to its maximum potential (8-10 units), the new property would qualify for the 485x , option C, tax abatement.
Full Property Details
Full Property Details for 23-12 30th Rd
General
- Price: $2,025,000
- Taxes: $32,516
- Status: Active
- Type: Multi-Family
- MLS ID: 3542120
- Updated: 4/29/2024
- Added to Site: 29 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Master Downstairs, Eat-in Kitchen, Guest Quarters, Storage
- Appliances: Refrigerator
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 12
Additional Information
- Amenities: Near Public Transportation
- Security/Safety: Fire Splinkler System
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 5
- Parking Features: Shared Driveway, Detached, 2 Car Detached, Garage
Location
- County: Queens
- Township: Queens
- Cross Streets: 23rd St
- Driving Directions: Off 23rd st.
School Information
- Elem School District: Queens 30
- Midd School District: Queens 30
- High School District: Queens 30
- Elementary School: Ps 234
- Middle School: Albert Shanker Sch-Visual/Perf Arts
- High School: Long Island City High School
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Natural Gas, Hot Water
- Heating Zones: 4
- Water Heater: Gas Stand Alone
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Two Story
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Common Walls: No Common Walls
- Building Size: 21x65
- Square Feet: 3,400
- Sq. Ft. Source: Municipality
- Year Built: 1930
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,558
- Lot Size Source: Other
- Lot Dimensions: 25 x 142.33
- Lot Features: Near Public Transit
- Zoning: R6B
Financial Considerations
- Taxes Include: Sewer, Trash, Water
- Tax Amount: $32,516
- Tenant Pays: Cooking Gas, Electricity, Heat
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Inclusions: Refrigerator, See Remarks
- Property ID: 00571-0030
- Block: 571
- Lot Number: 30
Listed by Keller Williams Rlty Landmark
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Schools
Schools serving 23-12 30th Rd
School District:New York City Geographic District #30
Rating | Name | Grades | Distance |
---|---|---|---|
3015 29th St, Astoria, NY 11102 | PK-5 | 0.2 mi | |
3151 21st St, Long Is City, NY 11106 | 6-8 | 0.2 mi | |
1430 Broadway, Long Is City, NY 11106 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23-12 30th Rd
Date
Details
Price
Change
Source
4/03/2024
Listed
$2,025,000
44.64%
MLS
7/21/2022
Sold
$1,400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23-12 30th Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$31,508
10%
$252,021
-32%
2022
$28,625
8%
$369,900
24%
2021
$26,505
6%
$298,350
-9%
2020
$24,955
—
$327,600
—
2019
$24,954
9%
$328,320
69%
2017
$22,831
—
$193,862
8%
2017
$22,831
7%
$179,502
8%
2016
$21,427
8%
$166,207
8%
2015
$19,827
—
$153,899
—
2015
$19,784
7%
$153,899
3%
2013
$18,548
—
$149,125
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 23-12 30th Rd
23-12 30th Road, Astoria, NY 11102 (MLS# 3542120) is a Multi-Family property with 4 units containing 12 bedrooms and 5 full bathrooms. 23-12 30th Road is currently listed for $2,025,000 and was received on April 03, 2024. Want to learn more about 23-12 30th Road? Do you have questions about finding other Multi-Family real estate for sale in Astoria? You can browse all Astoria real estate or contact a Coldwell Banker agent to request more information.