Mixed-Use Investment Opportunity – Fully Occupied | Free Market
24-47 44th Street
Fully occupied free-market mixed-use building consisting of 24 residential units and 4 commercial spaces. The property provides diversified income and long-term investment potential.
The building includes 11 on-site parking spaces. Tenants are responsible for their own utilities, which helps manage operating expenses.
Property Highlights:
24 Residential Units (Free Market)
4 Commercial Spaces
Fully Occupied
11 Parking Spaces
Tenants Pay Their Own Utilities
Financials:
Income and expense details available upon request.
Location:
Located at 24-47 44th Street in a well-connected area with convenient access to major highways, bridges, and public transportation. The surrounding neighborhood offers residential density, local retail, dining, and everyday amenities supporting consistent occupancy. Featured Commercial Sales.
Heating:
Baseboard, Hot Water, Natural Gas
Cooling:
Wall/Window Unit(s)
Parking:
11-car, Garage, Garage Door Opener
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
2447 44th Street, Astoria, NY, 11103
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
