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25-81 31st Street
Townhouse in Astoria •  building info
8bd • 4.5ba • 2,532ft² $770 per ft²
Sold price

$1,950,000

Key Details
Days on market
1027
Last price change
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Estimated payment
$11,737
Taxes
Monthly maintenance
N/A
Description
Prime Astoria Redevelopment Opportunity This 2,532 SF Three Family home with a 1,200 SF garden sits on a 3,350 SF lot in Astoria's most coveted location. At $175 per buildable SF and 8,858 remaining buildable square feet this property is an excellent candidate for a Condo development with ground floor commercial. The allowable usable floor area is 11,390 SF. The Max FAR is 3.40. As built the property is currently at 0.76 FAR. Currently the three existing residential units are all rented out on month-to-month leases. Current Annual Rent Roll is: $79,200. The property can be delivered with tenants or vacant. Prime location between the N&W Astoria Blvd and 30th Avenue Subway stops.

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Important Stuff
Pets allowed
Outdoor Space
Garden
History
What it'll cost
Purchase price
$1,950,000
Asking Price: $1,950,000
Term
30 Years
Down Payment
$195,000 (10%)
Min: 10% (195,000)
Rate
6.5 %
Mortgage Amount
$1,755,000
Mortgage Payment
$11,093
Taxes
$644
Estimated closing cost
$68,000
Total monthly cost $11,737
Listing Courtesy of Compass

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