Share This Listing

Message

939 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Corner property

Executive Summary

This is a unique opportunity to purchase a multifamily building with 7 residential units and 1 commercial unit.

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $305,670 $41.99
Other Income - -
Vacancy Loss $9,169 $1.26
Effective Gross Income $296,501 $40.73
Taxes $49,177 $6.76
Operating Expenses $61,878 $8.50
Total Expenses $111,055 $15.26
Net Operating Income $185,446 $25.48

Financial Summary (Actual - 2026)

Gross Rental Income (CAD)
Annual $305,670
Annual Per SF $41.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $9,169
Annual Per SF $1.26
Effective Gross Income (CAD)
Annual $296,501
Annual Per SF $40.73
Taxes (CAD)
Annual $49,177
Annual Per SF $6.76
Operating Expenses (CAD)
Annual $61,878
Annual Per SF $8.50
Total Expenses (CAD)
Annual $111,055
Annual Per SF $15.26
Net Operating Income (CAD)
Annual $185,446
Annual Per SF $25.48

Property Facts

Price $3,239,527 CAD
Price Per Unit $404,941 CAD
Sale Type Investment
Cap Rate 5.72%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.06 AC
Building Size 7,279 SF
Average Occupancy 100%
No. Stories 4
Year Built 1931
Zoning R6B/C1-3

Amenities

Unit Amenities

  • Heating
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Instant Hot Water

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • On-Site Retail
  • Smoke Free
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 - -
3+1.5 6 - -
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
00901-0042
Land Assessment
$8,000 CAD
Improvements Assessment
$388,818 CAD
Total Assessment
$396,817 CAD
Annual Taxes
$49,177 CAD ($6.76 CAD/SF)
Tax Year
2026
  • Listing ID: 36541839

  • Date on Market: 2025-06-30

  • Last Updated:

  • Address: 26-04 18th St, Astoria, NY 11102

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}