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34-12 29th St 20 Unit Apartment Building $6,879,543 CAD ($343,977 CAD/Unit) 5.73% Cap Rate Long Island City, NY 11106
Investment Highlights
- Renovated
- Convenient Location
- Modern
- Lots of Natural Light
Executive Summary
A well-maintained 4-story building featuring 20 generous apartments in the heart of Astoria—10 one-bedrooms and 10 studios, all rent-stabilized. Residents enjoy unbeatable convenience with buses, subway lines, shops, and dining just moments away. The rooftop showcases sweeping views of the NYC skyline and the best of Astoria, making this an attractive asset for long-term investors seeking steady demand, stable income, and prime Queens location.
For more info, contact:
Zhen Hu
(917) 776-7588
zhentherealtor@gmail.com
Allison Eng
(347) 321-3983
allisonenghomes@gmail.com
For more info, contact:
Zhen Hu
(917) 776-7588
zhentherealtor@gmail.com
Allison Eng
(347) 321-3983
allisonenghomes@gmail.com
Property Facts
| Price | $6,879,543 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $343,977 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 5.73% | Building Size | 14,130 SF |
| No. Units | 20 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1936 |
| Property Subtype | Apartment | ||
| Zoning | R5 - Medium density district with a height limit of 40 feet | ||
| Price | $6,879,543 CAD |
| Price Per Unit | $343,977 CAD |
| Sale Type | Investment |
| Cap Rate | 5.73% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 14,130 SF |
| No. Stories | 4 |
| Year Built | 1936 |
| Zoning | R5 - Medium density district with a height limit of 40 feet |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Basement
Site Amenities
- Controlled Access
- Recycling
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 650 |
| 1+1 | 10 | - | 750 |
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Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 00584-0033 | Improvements Assessment | $772,370 CAD |
| Land Assessment | $236,737 CAD | Total Assessment | $1,009,108 CAD |
Property Taxes
Parcel Number
00584-0033
Land Assessment
$236,737 CAD
Improvements Assessment
$772,370 CAD
Total Assessment
$1,009,108 CAD
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34-12 29th St
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