Upside Upside !!!! GROSS INCOME $755,592 TAX ABATEMENT THRU 2059 :Welcome to 2631 3rd St Astoria, NY 11102  A High Demand luxury  Rental Market With easy Travels to Manhattan And the outer Boroughs.    :Surrounded By New Luxury High rise  Rentals & Luxury Condo developments . :This Asset  presents a Great  opportunity to acquire a newly constructed Luxury Rental building with Great  tax incentives and long-term upside WITH PLENTY OF ROOM TO GROW ON 11 FREE MARKET UNITS . :This Five -story elevator property features 16 residential units—ranging from studios , 1 bedrooms &  two-bedrooms All Built With Modern Standards And Condo Finishes  , :Tenants are Responsible For All  Utilities , :Building Features a  4915 SQ Ft Community Facility Delivered Vacant Giving The New Owner Flexibility In Pricing . :The building benefits from  421a tax abatement through 2059   offering significant savings and enhanced investment returns. :Located in a rapidly evolving neighborhood Of Halets Cove , the property is surrounded by new developments and offers seamless access to Manhattan, Brooklyn, and other parts of Queens via the N, W,  and the NY FERRY or Bus service Also Located just a Minute Away  .  :This asset is ideal for investors seeking a Strong  income stream  with Great  future upside.