We are thrilled to present a unique investment opportunity in the heart of Astoria/Long Island City, showcasing a multi-family portfolio in an exceptional location with remarkable growth potential. Portfolio comprises of 2 buildings attached directly next to each other. Building comes with 12 total Rent Stabilized Units with additional sublease and storage rental income. Portfolio has high add-in income potential with preferential rents which could be brought to legal rent value adding over net $60k to the overall net income. Building has been managed and owned by the same owners for over 20+ years.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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Arrows indicate 90 day trend
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