Skip to main content

Multifamily

25-04 44th Street

25-04 44th St, Queens, NY 11103

Listing Price: $6,050,000

Cap Rate
5.90%
Number of Units
16
GRM
12.29
Price/Unit
$378,125
Price/Gross SF
$420.14
Gross SF
14,400

Investment Overview

Marcus and Millichap is pleased to offer 25-04 44th Street, a rare opportunity to acquire a stabilized mixed-use property in one of Queens’ most desirable neighborhoods. Located in the heart of Astoria, 25-04 44th Street offers strong in-place income with immediate upside potential through rental growth and long-term appreciation.

Investment Highlights

  • 25-04 44th Street is a 16 unit building spanning 4 stories, approximately 14400 sq ft.
  • Strong mix of 1BR, 2BR, and 3BR units, 63% of units are Free Market; 14 Residential Units, 2 Retail.
  • Settled in Prime Astoria Location, 25-04 44th Street makes for a Highly desirable Queens asset with strong rental demand

Exclusively Listed By

Financing By

Multifamily

25-04 44th Street

Listing Price: $6,050,000

Cap Rate
5.90%
Number of Units
16
GRM
12.29
Price/Unit
$378,125
Price/Gross SF
$420.14
Gross SF
14,400

Investment Highlights

  • 25-04 44th Street is a 16 unit building spanning 4 stories, approximately 14400 sq ft.
  • Strong mix of 1BR, 2BR, and 3BR units, 63% of units are Free Market; 14 Residential Units, 2 Retail.
  • Settled in Prime Astoria Location, 25-04 44th Street makes for a Highly desirable Queens asset with strong rental demand

Investment Overview

Marcus and Millichap is pleased to offer 25-04 44th Street, a rare opportunity to acquire a stabilized mixed-use property in one of Queens’ most desirable neighborhoods. Located in the heart of Astoria, 25-04 44th Street offers strong in-place income with immediate upside potential through rental growth and long-term appreciation.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower