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Multifamily

41-07 28th Avenue

41-07 28th Ave, Queens, NY 11103

Listing Price: $5,050,000

Cap Rate
6.10%
Number of Units
30
GRM
9.34
Price/Unit
$168,333
Price/Gross SF
$346.84
Gross SF
14,560

Investment Overview

Marcus and Millichap is pleased to offer 41-07 28th Avenue, a prime multifamily investment opportunity. Situated in beautiful Astoria, a neighborhood known for its strong rental demand, cultural vibrancy, and easy access to Manhattan, this property is ideally positioned for long-term appreciation and consistent cash flow.

Investment Highlights

  • 41-07 28th Avenue is a 20-unit building spanning 4 stories with approx. 14,560 sq ft.
  • 0 current vacancies and mix of Free Market (50%), Rent Stabilized (45%), and one Rent Controlled unit.
  • Located steps away from bustling Steinway Street, with many transportation opportunities.

Exclusively Listed By

Financing By

Multifamily

41-07 28th Avenue

Listing Price: $5,050,000

Cap Rate
6.10%
Number of Units
30
GRM
9.34
Price/Unit
$168,333
Price/Gross SF
$346.84
Gross SF
14,560

Investment Highlights

  • 41-07 28th Avenue is a 20-unit building spanning 4 stories with approx. 14,560 sq ft.
  • 0 current vacancies and mix of Free Market (50%), Rent Stabilized (45%), and one Rent Controlled unit.
  • Located steps away from bustling Steinway Street, with many transportation opportunities.

Investment Overview

Marcus and Millichap is pleased to offer 41-07 28th Avenue, a prime multifamily investment opportunity. Situated in beautiful Astoria, a neighborhood known for its strong rental demand, cultural vibrancy, and easy access to Manhattan, this property is ideally positioned for long-term appreciation and consistent cash flow.

Exclusively Listed By

Financing By

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