6-unit building (1-bed, one bath, and five 2-bed, one bath units) with 3 parking spaces available for sale on a quiet block in Astoria.
Properties are fully occupied with rent-stabilized tenants and additional income from parking garages in rear.
Long-term ownership and well-maintained building. An unfurnished basement could be converted to a rent-producing apartment with proper permitting.
Prime location just a few blocks from N/W subway lines, and vibrant retail/dining scene.
Ideal for investors seeking stable cash flow with long-term value-add potential.
3142 34th Street, Astoria, NY, 11106
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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