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Presented by
The Peggy Patenaude Team |
2825 46th Street, Astoria, NY, 11103 | $1,699,000
Astoria 6 unit Multi-Family Investment Opportunity! I am Proudly offering for sale, this meticulously maintained six-family brick building in the heart of Astoria, Queens which presents an exceptional investment opportunity with strong income potential. Each of the six spacious apartments features a well-designed layout including two bedrooms, a large living room, a formal dining room, a kitchen, and a full bathroom. The residences boast hardwood flooring, high ceilings, and excellent natural light, creating a warm and inviting atmosphere. The property has undergone significant capital improvements, including masonry work, brick pointing, waterproofing, and exterior painting. Additionally, the building has been modernized with an updated boiler and a full conversion to gas fuel heating, ensuring efficient and reliable systems for years to come. Located just moments from the R train, residents enjoy convenient access to Manhattan, while being immersed in Astoria’s vibrant and multicultural community. The neighborhood is rich with renowned restaurants, shopping, and dining options, adding to the property’s appeal and tenant retention. Whether you are seeking a stable income-producing property or a long-term investment in one of Queens’ most dynamic neighborhoods, this building is an ideal opportunity offering consistent returns and growth potential. Excellent opportunity : Offered for sale as an individual building or can be bundled as a package deal combined with 28-27 46th Street Astoria building attached.
Features
- Property Type: Multi Family
- Construction: Block, Brick
- Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Parking: On Street
- Levels: 3
- Heating: Natural Gas
- Cooling: Multi Units
- Units: 6
- Year Built: 1928
- Acreage: 0.08
- Est. Taxes: $20,393
- Elem. School: Ps 70
- Middle School: Is 10 Horace Greeley
- High School: William Cullen Bryant High School
- School District: Community District 30
- Appliances: Dishwasher, Gas Range, Refrigerator, Gas Water Heater
- MLS#: 904125
- Days on Market: 5 days
- Website: https://www.raveis.com
/prop/904125/282546thstreet_astoria_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
The Peggy Patenaude TeamLuxury Properties Specialist
978.804.0811
Peggy.Patenaude@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 38342
978.314.1072
Joanne.OKeefe@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2825 46th Street, Astoria, NY, 11103
$1,699,000
The Peggy Patenaude Team
Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.804.0811
Peggy.Patenaude@Raveis.com
Joanne O'Keefe
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,359,200 | $1,359,200 | $1,359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,699 | $1,699 | $1,699 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,296 | $7,932 | $11,106 |
| Total Monthly Payment | $9,120 | $9,756 | $12,930 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535