Buy with Yoreevo
$3,097,500
List Price: $3,150,000
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31-30 14th Street
House in Astoria •  building info
3bd • 4ba
Buy with Yoreevo

$3,097,500

List Price

$3,150,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
76
Last price change
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Estimated payment
$20,294
Taxes
Monthly maintenance
N/A
Description
Seller financing, and joint venture options available!Welcome to a rare opportunity in the heart of the highly coveted Astoria/Long Island City area. We are excited to present this prime new development site, featuring an existing mixed-use building that is now available for sale. This double lot property offers a wide range of possibilities for both investors and developers. You have the option to continue reaping the benefits of the current building's rental income or to take advantage of the untapped potential by constructing a new residential building of up to 14 units.Lot A boasts a 22x100 lot with an existing mixed-use building offering a total of approximately 2,300 square feet of space. The building size is 22x53. Lot B is currently being used as parking and storage for one of the commercial tenants, and the lot size is 25x100. Combined, both lots have a generous 47x100 dimension and an FAR 2 with R6B zoning, providing up to 9,400 buildable square feet.The potential to create something truly special in one of NYC's most desirable neighborhoods is endless with this rare opportunity. Whether you choose to invest in the existing mixed-use building or build a new residential development, you'll enjoy all the advantages of owning a property in a prime location with close proximity to restaurants, bars, cafes, and other amenities.For more detailed information about the building's setup and projected financials, feel free to request the relevant documents.Property Will Be Delivered Vacant, Property Being Sold 'As Is,' Listing Information Deemed Reliable but Not Guaranteed. Buyer's Agent to Verify All Information.

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Listing Amenities
Hardwood floors
Building Amenities
Parking Available
History
What it'll cost
Purchase price
$3,150,000
Asking Price: $3,150,000
Term
30 Years
Down Payment
$315,000 (10%)
Min: 10% (315,000)
Rate
6.75 %
Mortgage Amount
$2,835,000
Mortgage Payment
$18,388
Taxes
$1,906
Estimated Yoreevo rebate
$52,500
Estimated closing cost
$121,000
Total monthly cost $20,294
Buy your dream home with us and get an estimated
$52,500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Keller Williams NYC

Information ©2024, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.