Buy with Yoreevo
$17,640,000
List Price: $18,000,000
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31-77 37th Street
House in Astoria •  building info
37bd • 35.5ba • 5,000ft² $3,600 per ft²
Buy with Yoreevo

$17,640,000

List Price

$18,000,000

Key Details
Days on market
48
Last price change
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Estimated payment
$103,325
Taxes
$930
Monthly maintenance
N/A
Description
Welcome to Broadway 37, a 27 unit luxury rental building completed in 2017. This well-maintained brick building, perfectly situated just off Broadway, offers an ideal investment for those seeking a prime location and high rental potential. With its proximity to two subway lines (M/R & N/W), tenants will enjoy easy access to transportation, making this property highly desirable. The building features an elevator for added convenience, along with garage parking, a rare find in the city. Additionally, a laundry room and storage units enhance the building's appeal and value. Outdoor amenities include a fenced-in backyard with landscaping and two BBQs, providing a private outdoor space for tenants to enjoy. The furnished roof deck offers panoramic views, adding to the building's allure. Consisting of one to three-bedroom units, each designed with luxury finishes and modern amenities, this building offers a lucrative investment opportunity. Two penthouse units add prestige and premium rental income potential. There is a 15 year tax abatement in place.

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Building Amenities
Garage Parking
Parking Available
Building info

History
What it'll cost
Purchase price
$18,000,000
Asking Price: $18,000,000
Term
30 Years
Down Payment
$1,800,000 (10%)
Min: 10% (1,800,000)
Rate
6.5 %
Mortgage Amount
$16,200,000
Mortgage Payment
$102,395
Taxes
$930
Estimated Yoreevo rebate
$360,000
Estimated closing cost
$1,010,000
Total monthly cost $103,325
Buy your dream home with us and get an estimated $360,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Blue Brick

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.