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4308-4310 30th Ave 9,558 SF 46% Leased Retail Building Astoria, NY 11103 $4,163,859 CAD ($435.64 CAD/SF) 8.84% Cap Rate
Investment Highlights
- Four free market apartments
- Current commercial tenant can sign long term lease
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$485,899
|
$50.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$485,899
|
$50.84
|
| Taxes |
$104,064
|
$10.89
|
| Operating Expenses |
$13,903
|
$1.45
|
| Total Expenses |
$117,967
|
$12.34
|
| Net Operating Income |
$367,932
|
$38.49
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $485,899 |
| Annual Per SF | $50.84 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $485,899 |
| Annual Per SF | $50.84 |
| Taxes (CAD) | |
|---|---|
| Annual | $104,064 |
| Annual Per SF | $10.89 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $13,903 |
| Annual Per SF | $1.45 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $117,967 |
| Annual Per SF | $12.34 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $367,932 |
| Annual Per SF | $38.49 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Funeral Home
Building Size
9,558 SF
Building Class
C
Year Built
1931
Price
$4,163,859 CAD
Price Per SF
$435.64 CAD
Cap Rate
8.84%
NOI
$367,932 CAD
Percent Leased
46%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.83
Lot Size
0.12 AC
Zoning
R5 - R5B Zoning in NYC is a low density contextual residential zoning district
Frontage
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- R.P. Drago Funeral Home
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| R.P. Drago Funeral Home | Services | - | - | - |
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00697-0115 | Total Assessment | $1,009,399 CAD (2026) |
| Land Assessment | $123,746 CAD (2026) | Annual Taxes | $104,064 CAD ($10.89 CAD/SF) |
| Improvements Assessment | $885,653 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
00697-0115
Land Assessment
$123,746 CAD (2026)
Improvements Assessment
$885,653 CAD (2026)
Total Assessment
$1,009,399 CAD (2026)
Annual Taxes
$104,064 CAD ($10.89 CAD/SF)
Tax Year
2025
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4308-4310 30th Ave
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