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3414 33rd St 6 Unit Apartment Building $1,780,623 CAD ($296,770 CAD/Unit) 5.77% Cap Rate Astoria, NY 11106
Investment Highlights
- Heart of Astoria Queens
- Unique Investment Opportunity
- No Vacancies
- Heavy Foot Traffic
- 10-15 Minute Train Transportation to New York City
Executive Summary
Unique Investment Opportunity in the Heart of Astoria Queens!
LOCATION LOCATION LOCATION!
This multifamily property boasts six generously sized two-bedroom apartments, offering steady and reliable rental income in a prime location. Situated in the heart of Astoria, this property is conveniently located near a variety of dining, shopping, and cultural attractions, with excellent access to public MTA transportation ensuring a quick train ride to New York City, ensuring high tenant demand and long-term value. Each apartment features well-maintained interiors, providing a comfortable living environment for tenants, while the building itself offers potential for future value appreciation.
This is a remarkable opportunity for investors seeking a stable, income-generating property in a neighborhood known for its dynamic growth and strong community ties. Don’t miss your chance to own a piece of Astoria!
For more information or to schedule a viewing, contact us today!
LOCATION LOCATION LOCATION!
This multifamily property boasts six generously sized two-bedroom apartments, offering steady and reliable rental income in a prime location. Situated in the heart of Astoria, this property is conveniently located near a variety of dining, shopping, and cultural attractions, with excellent access to public MTA transportation ensuring a quick train ride to New York City, ensuring high tenant demand and long-term value. Each apartment features well-maintained interiors, providing a comfortable living environment for tenants, while the building itself offers potential for future value appreciation.
This is a remarkable opportunity for investors seeking a stable, income-generating property in a neighborhood known for its dynamic growth and strong community ties. Don’t miss your chance to own a piece of Astoria!
For more information or to schedule a viewing, contact us today!
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$149,560
|
$29.91
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$149,560
|
$29.91
|
| Taxes |
$20,809
|
$4.16
|
| Operating Expenses |
$25,993
|
$5.20
|
| Total Expenses |
$46,802
|
$9.36
|
| Net Operating Income |
$102,758
|
$20.55
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $149,560 |
| Annual Per SF | $29.91 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $149,560 |
| Annual Per SF | $29.91 |
| Taxes (CAD) | |
|---|---|
| Annual | $20,809 |
| Annual Per SF | $4.16 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $25,993 |
| Annual Per SF | $5.20 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $46,802 |
| Annual Per SF | $9.36 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $102,758 |
| Annual Per SF | $20.55 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,791 CAD | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00609-0034 | Total Assessment | $170,146 CAD (2025) |
| Land Assessment | $2,313 CAD (2025) | Annual Taxes | $20,809 CAD ($4.16 CAD/SF) |
| Improvements Assessment | $167,833 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
00609-0034
Land Assessment
$2,313 CAD (2025)
Improvements Assessment
$167,833 CAD (2025)
Total Assessment
$170,146 CAD (2025)
Annual Taxes
$20,809 CAD ($4.16 CAD/SF)
Tax Year
2024
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3414 33rd St
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