212-807-6640[email protected]

Bankruptcy Sale

Bankruptcy Sale

Bankruptcy Sale
Price
$1,950,000

$1,675,000

Address
24-35 27th Street
Map Address
24-35 27th Street, Astoria, New York, 11102
Zip/Postal Code
11102
Country
US
Location
Astoria, Astoria
Status
For Sale
Property Type
Multi-Family
Building Size
8350 SF
Lot Size
5000 SF
Zoning
R5D
Block
0851
Lot
21
Property Tax Amount
$49,696
Annual Income
$187,624.32
Total Expenses
$78,395.68
NOI
$109,228.64
Year Built
1924
Stories
4
Residential Units
9
Commercial Units
0
ERG Commercial Real Estate is pleased to present the exclusive sale of 24-35 27th Street, a compelling multifamily investment opportunity located in the heart of Astoria, Queens. This unique bankruptcy sale opportunity is a four-story walk-up building featuring 9 residential units. The property sits on a 5,000 SF lot and totals 8,350 SF. Located on a quiet residential block just steps away from 24th Avenue, the building is within walking distance to the N and W subway lines at Astoria Boulevard and 30th Avenue, offering direct access to Midtown Manhattan. It’s also proximity to neighborhood amenities, waterfront parks, and national dining establishments. Astoria remains one of the most desirable neighborhoods in New York City, known for its diverse community, strong rental demand, and vibrant mix of dining, shopping, and cultural destinations.